Investing.com -- Musti Group Oyj (HE: MUSTI ) released its Q2 earnings on Wednesday, revealing an adjusted EBITA margin of 2.2% and an adjusted EBITDA margin of 10.6%.

The company’s Q2 revenue was reported at EUR 119.8 million.

Additionally, the adjusted EBITA and EBITDA for the quarter were EUR 2.7 million and EUR 12.7 million respectively. The gross margin for the period stood at 42.5%.

Despite softer demand in the past year and uncertainties surrounding trade policy, Musti Group believes that the long-term market trend of pet parenting will continue.

The company’s expectations, based on recent data, suggest that the market is beginning to rebound to the long-term trend.

Musti Group also announced its ongoing efforts to actively seek new opportunities in both existing and new markets.

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