24th Nov 2021 13:47
CVS Group PLC - Norfolk-based veterinary services - Notes positive trading performance through September and October, with current trading ahead of that in the prior year. Highlights that current trading is supportive of management's full-year expectations and group remains "well placed to deliver further growth over the longer term". Total sales up 14% annually in the four-month period to October 31, with like-for-like sales increasing 12% for the same period. Adjusted earnings before interest, tax, depreciation and amortisation margin in 4 month period is 19.2%, up from 18.7%. Healthy Pet Club membership rises to 458,000 from 450,000 on Jun 30.
Current stock price: 2,388.00p, down 1.5% on Wednesday
Year-to-date change: up 59%
By Will Paige; [email protected]
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