4th Dec 2008 07:00
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For Immediate Release |
4 December 2008 |
CVS Group plc
("CVS" or the "Company")
ANNUAL GENERAL MEETING STATEMENT
CVS, one of the UK's leading providers of veterinary services, is holding its AGM at 11.00am today.
At the meeting Richard Connell, Chairman, will make the following statement:
"In the financial year to date, I am pleased to report that we acquired a further 11 veterinary surgeries, including 1 specialist animal hospital, to take the current total to 161 surgeries and 6 veterinary laboratories. I am also delighted to report that during the current period we acquired our first pet crematorium, an important strategic step in enabling us to generate stronger returns through vertical integration of key suppliers to the veterinary market. All acquisitions to date have been financed through a combination of existing debt facilities and internally generated cash.
We remain confident that the business will continue to perform in line with expectations."
Contacts:
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CVS Group plc Simon Innes, Chief Executive Paul Coxon, Finance Director |
01379 644288 |
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Buchanan Communications Richard Oldworth Ben Romney |
020 7466 5000 |
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Panmure Gordon Richard Gray Andrew Godber |
020 7459 3600 |
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