Musti Group reports strong sales growth

Musti Group increased its net sales by 17.7 per cent to €149.9 m (€127.3 m) in the third quarter of 2026, according to a company press statement published today, 5 November. Net sales increased in all markets, while like-for-like sales grew by 5.6 per cent, compared with 2.3 per cent in the previous year. The acquisition of ZU in Portugal contributed €9.8 m, while growth excluding the acquisition was 10.0 per cent.

The group's gross margin improved to 44.6 per cent (44.3 per cent), mainly driven by the increased share of own-brand food produced in its own factory. Adjusted EBITDA increased by 21.9 per cent to €20.6 m (€16.9 m), with the adjusted EBITDA margin rising to 13.7 per cent (13.3 per cent). Operating cash flow more than doubled to €27.4 m (€13.1 m).

For January to September, Musti Group reported net sales of €427.0 m (€368.9 m), an increase of 15.8 per cent. Like-for-like sales…