Musti Group Reports 13.8% Net Sales Growth in First Half

Musti Group plc announced a 13.8% rise in net sales for the first half of its fiscal year 2026, totaling EUR 138.5 million compared to EUR 121.7 million in the same period last year. The company also reported an improvement in gross margin to 44.3% from 43.8%.

The reported growth was notably strong in Norway. The acquisition of ZU in December 2025 contributed EUR 8.8 million to the net sales. However, like-for-like sales growth stood at 2.1%, which was negatively impacted by changes made to the e-commerce platform.

Management attributed the gross margin improvement primarily to investments made over the past year. Further financial details for the second half of the year are expected later.