Musti Group financials

391.1 M€ Net sales FY 2022
30.9 M€ Operating profit FY 2022
38.8 M€ Adjusted EBITA FY 2022
335 Stores (own and franchise) 9/2022
1 587 Employees 9/2022
1.5 M Loyal customers 9/2022

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 indicated10/2021-9/202210/2020-9/2021Change %
Net sales391.1340.914.7
Net sales growth, %14.7%19.9% 
LFL sales growth, %6.7%11.8% 
LFL store sales growth, %4.2%8.8% 
Online share, %22.2%23.1% 
Gross margin, %46.4%45.7% 
Adjusted EBITA38.826.85.4
Adjusted EBITA margin, %9.9%10.8% 
Operating profit30.928.48.8
Operating profit margin, %7.9%8.3% 
Profit/loss for the period22.320.96.9
Earnings per share, basic, EUR0.670.677.3
Net cash flow from operating activities *)46.154.9-16.0
Investments in tangible and intangible assets14.212.910.4
Net debt / LTM adjusted EBITDA2.11.911.3
Adjusted EBITDA66.958.813.7
Number of loyal customers, thousands1 4541 29712.2
Number of stores at the end of the period3353127.4
of which directly operated31928013.9

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