Musti Group Reports Q3 Financial Results

Musti Group reported Q3 net sales of €149.9 million, up from €127.3 million a year earlier, with growth excluding the ZU acquisition at 10.0%. Adjusted EBITDA rose 21.9% to €20.6 million, and its margin improved to 13.7% from 13.3%; like-for-like sales increased 5.6%, with comparable-store growth positive across all markets. The ZU acquisition contributed €9.8 million to sales, while operating cash flow increased to €27.4 million, supported by a positive working-capital impact.