Zinzino released its preliminary sales report for 2023, posting a 23% increase in full-year revenue, compared to full-year revenue in 2022. Accumulated revenue for 2023 reached $168 million.
Sales in the company’s “sales markets” increased by 24% in the fourth quarter of 2023, when compared to the previous year’s quarter. Overall, total revenues in the Group saw a 23% increase in the fourth quarter, reaching $50.4 million.
South and Western Europe, which includes Cyprus, France, Greece, Italy, Luxembourg, Malta, Netherlands, Slovenia, Spain, UK, Belgium, Ireland and Turkey, saw the greatest sales improvement, with a 62% increase year to date and a 72% improvement in the fourth quarter of 2023.
