Zinzino Third Quarter Revenue Jumps 22 Percent to 533 Million Kronor as Margins Compress
GOTHENBURG, Sweden, November 19, 2024 --
Zinzino reported third-quarter 2024 revenue of 532.8 million kronor, up 22 percent from 436.9 million kronor a year earlier, or 24 percent in local currencies. EBITDA fell to 63.0 million kronor from 71.2 million kronor, and the EBITDA margin narrowed to 11.8 percent from 16.3 percent on higher raw-material costs, normalized distributor compensation, acquisition-related sales costs and currency translation.
The company said it expanded in France after strong sales growth tied to the Xelliss asset acquisition. After the quarter it launched Collagen Boozt and elevated the Canary Islands to full market status alongside mainland Spain.
Nine-month revenue rose 21 percent to 1.49 billion kronor, with EBITDA of 177.8 million kronor and a margin of 11.9 percent. Cash and cash equivalents were 321.2 million kronor at September 30.
More Zinzino news
Zinzino October Revenue Rises 1% to 328.7 Million Kronor as North America Jumps 46%
GOTHENBURG, Sweden - November 4, 2026 Zinzino reported preliminary group revenue of 328.7 million Swedish kronor for October, up 1 percent from 326.0 million kronor a year...
ZINZINO AB (PUBL): PRELIMINARY SALES REPORT Q3 2026
GOTHENBURG, Sweden -- October 5, 2026 Zinzino published a preliminary sales report showing group revenue for the third quarter of 2026 of 928.2 million Swedish kronor, up 18...
Zinzino Second Quarter Revenue Rises 18 Percent to 936.8 Million Kronor
GOTHENBURG, Sweden -- August 25, 2026 Zinzino reported second-quarter 2026 total revenue of 936.8 million Swedish kronor, up 18% from 794.4 million kronor a year earlier and up...
Zinzino Opens Colombia as Official Market After Strong Pre-Launch Demand
GOTHENBURG, Sweden -- June 11, 2026 Zinzino said it has officially opened Colombia as a new market on June 11, 2026, after pre-launch sales through its global webshop reached...
Zinzino First Quarter Revenue Rises 27 Percent to 922 Million Kronor
GOTHENBURG, Sweden -- May 22, 2026 Zinzino reported first-quarter 2026 revenue of 922.1 million kronor, up 27% from 723.7 million kronor a year earlier, or 37% in local...