Musti Group: We are letting the dogs out
By Olli Vilppo
Musti continued to take over market share and grow profitably in all operations in Q2. Earnings growth was somewhat below our expectations mainly due to an item that is interpreted as non-recurring. Our earnings estimates remain largely unchanged, but we raised our sales growth estimates slightly based on the new financial targets.
Musti Group
30.14
Musti Group offers products and services for pets. The group manages stores focused on dogs, cats, and other pets. The business is run via franchise but also via a number of other brands. The largest presence is in the Nordic market, with private customers as the largest customer base. In addition to the main activities, training, education, and service are offered.
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