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Haypp's nicotine pouch sales jumped 45%. Profit went to zero.

Haypp Group, the largest online nicotine pouch retailer, grew Q2 net sales 28% to SEK 1.18bn as nicotine pouch volume rose 45% and the US and UK each more than doubled. But profit for the quarter came in at SEK 0.0mn as the company poured marketing and personnel spend into growth markets — and launched Saudi Arabia, which it calls the world's second-largest nicotine pouch market.