Business
MUSTI: Net sales up 11.8% but profitability declined as margin pressure persisted
MUSTI: Net sales up 11.8% but profitability declined as margin pressure persisted
About this update from Musti Group Oyj
Net sales grew 11.8% to EUR 119.8 million, driven by the Pet City acquisition, but adjusted EBITDA fell 15.1% due to margin pressure and weak consumer climate. Operating cash flow improved significantly to EUR 18.7 million.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.