Musti Group reports strong first quarter

Musti Group has reported a strong start to 2026, with robust sales growth, improved profitability and continued market share gains across its Nordic markets, despite ongoing investment costs linked to expansion and infrastructure projects.

According to the company’s quarterly report, group net sales rose 15.6 per cent to €138.5 mn, up from €119.8 mn in the same period last year. Growth was particularly strong in Norway, where sales increased 25.5 per cent, while Finland and Sweden recorded growth of 3.0 per cent and 8.7 per cent respectively. Like-for-like sales growth reached 3.9 per cent across all segments.

The acquisition of Portuguese pet care business ZU Produtos e Serviços Para Animais SA in December 2025 contributed €8.4 mn to net sales during the quarter. The company also highlighted improving profitability in its New Market segment, which generated €17 mn in sales. 

Gross margin…