Business
MUSTI: Adjusted EBITDA dropped 27.8% as margin pressure and weak demand weighed on Q3 results
MUSTI: Adjusted EBITDA dropped 27.8% as margin pressure and weak demand weighed on Q3 results
About this update from Musti Group Oyj
Q3 2024 net sales grew 0.7% to EUR 104.0m, but adjusted EBITDA fell 27.8% amid margin pressure and weak consumer demand. Cash flow was hit by EUR 8.7m in non-recurring items, and the company withdrew long-term targets.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.