CVS Group (CVSG)

Sector:

Retailers

Index:

FTSE AIM 50

993.00p
   
  • Change Today:
    -23.00p
  • 52 Week High: 1,196.00
  • 52 Week Low: 798.00
  • Currency: UK Pounds
  • Shares Issued: 71.74m
  • Volume: 231,991
  • Market Cap: £712.38m
  • RiskGrade: 136

Animed Direct drives growth at CVS

By Josh White

Date: Thursday 02 Aug 2018

LONDON (ShareCast) - (Sharecast News) - Integrated veterinary services provider CVS updated the market on its trading for the financial year ended 30 June on Thursday, reporting a 20.7% improvement in total group revenue to £327m.
The AIM-traded firm said like-for-like growth was 4.9%.

As it expected, strong growth in sales of 'Animed Direct' had continued, with the board saying that excluding Animed Direct, like-for-like sales for the group grew 2.9%.

The "unusually severe" snow at the end of February and the start of March was estimated to have reduced sales by around £1.0m, it also claimed.

Adjusted EBITDA for the financial year was anticipated to be "broadly in line" with analysts' consensus expectations, which the directors said reflected the impact of snow, and the lower-than-anticipated short-term performance of some acquisitions.

"Following management action, these acquisitions have shown improvement more recently and they are expected to achieve normal performance levels during the current financial year and beyond," the CVS board said in its statement.

"The board is satisfied with ongoing like-for-like growth since the year end, being at similar levels to the past year."

CVS said the high pace of acquisitions continued in the year to 30 June, with a total of 52 surgeries being acquired.

Approximately £50.6m, including net debt acquired, was paid for those acquisitions.

"Since the interim results issued on 16 February and up to the year-end, 22 surgeries have been acquired for total consideration of £16.9m, including net debt acquired."

CVS Group said it expected to announce its full-year results on 27 September.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

CVS Group Market Data

Currency UK Pounds
Share Price 993.00p
Change Today -23.00p
% Change -2.26 %
52 Week High 1,196.00
52 Week Low 798.00
Volume 231,991
Shares Issued 71.74m
Market Cap £712.38m
RiskGrade 136

CVS Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
46.78% below the market average46.78% below the market average46.78% below the market average46.78% below the market average46.78% below the market average
33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average
Price Trend
7.01% below the market average7.01% below the market average7.01% below the market average7.01% below the market average7.01% below the market average
5.56% above the sector average5.56% above the sector average5.56% above the sector average5.56% above the sector average5.56% above the sector average
Income
90.81% below the market average90.81% below the market average90.81% below the market average90.81% below the market average90.81% below the market average
90% below the sector average90% below the sector average90% below the sector average90% below the sector average90% below the sector average
Growth
35.27% below the market average35.27% below the market average35.27% below the market average35.27% below the market average35.27% below the market average
11.11% below the sector average11.11% below the sector average11.11% below the sector average11.11% below the sector average11.11% below the sector average

What The Brokers Say

Strong Buy 4
Buy 3
Neutral 2
Sell 0
Strong Sell 0
Total 9
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

CVS Group Dividends

  Latest Previous
  Final Final
Ex-Div 31-Oct-24 02-Nov-23
Paid 29-Nov-24 08-Dec-23
Amount 8.00p 7.50p

Trades for 03-Apr-2025

Time Volume / Share Price
16:35 297 @ 993.00p
16:35 297 @ 993.00p
16:35 174 @ 993.00p
16:35 31,271 @ 993.00p
16:35 141 @ 993.00p

CVS Group Key Personnel

CEO Richard Fairman
Finance Director Robin Alfonso

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