Musti Group financials
560,6 M€
Net sales FY 2024 10/23-12/24
444 M€ 1/24-12/24
16,2 M€
Operating profit FY 2024 10/23-12/24
6,8 M€ 1/24-12/24
38 M€
Adjusted EBITA FY 2024 10/23-12/24
25,6 M€ 1/24-12/24
415
Stores (own and franchise)
12/2024
2178
Employees
12/2024
1.9 M
Loyal customers
12/2024
Musti Group is the leading Nordic pet care specialist operating in Finland, Sweden and Norway. Our primary aim is to support and safeguard the furry everyday life of pet lovers everywhere.
Key figures of Musti Group
| EUR million or as indicated | 10/2023-12/2024 | 10/2022-9/2023 | 10/2021-9/2022 | Change % |
| Net sales | 560,6 | 425.7 | 391.1 | 8.9% |
| Net sales growth, % | N/A | 8.9% | 14.7% | |
| LFL sales growth, % | 1,1 % | 9.5% | 6.7% | |
| LFL store sales growth, % | -1,6 % | 6.7% | 4.2% | |
| Online share, % | 24,3 % | 23.0% | 22.2% | |
| Gross margin, % | 44,1 % | 45.7% | 46.4% | |
| EBITA | 23,6 | 43.6 | 37.3 | 16.8% |
| Adjusted EBITA | 38,0 | 42.6 | 38.8 | 10.0% |
| Adjusted EBITA margin, % | 6,8 % | 10.0% | 9.9% | |
| Operating profit | 16,2 | 37.8 | 30.9 | 22.4% |
| Operating profit margin, % | 2,9 % | 8.9% | 7.9% | |
| Profit/loss for the period | 6,7 | 26.5 | 22.3 | 18.6% |
| Earnings per share, basic, EUR | 0,20 | 0.79 | 0.67 | 18.7% |
| Net cash flow from operating activities *) | 46,9 | 79.6 | 46.1 | 72.4% |
| Investments in tangible and intangible assets | 19,2 | 11.9 | 14.2 | -16.6% |
| Net debt / LTM adjusted EBITDA | 3,1 | 1.9 | 2.1 | -12.6% |
| Adjusted EBITDA | 81,6 | 73.6 | 66.9 | 10.1% |
| Number of loyal customers, thousands | 1866 | 1 543 | 1 454 | 6.1% |
| Number of stores at the end of the period | 415 | 342 | 335 | 2.1% |
| of which directly operated | 411 | 330 | 319 | 3.4% |
