Veterinary pain | Holiday delights | Dividend increase
News of a government review into the veterinary sector saw the share price of one of AIM’s largest companies tumble. Elsewhere, there was better news from AIM's high-flying leisure travel group after a promising trading update - the shares look cracking value to us - while a legal services group lifted its full year dividend – but can it afford it? Read on here for Investor’s Champion’s thoughts on these and other stories. (Free to read)
CVS slumps on government review into sector Shares in veterinary services group CVS (AIM:CVSG) tumbled on news that the UK Competition and Markets Authority (‘CMA’) has opened a review of the veterinary sector. The CMA is concerned that pet owners are paying too much or not being given enough information to make an informed decision. The full CMA announcement is here In response to the CMA announcement, CVS commented how it has always sought to ensure its prices are appropriate and reflect fair value to clients with their pricing structures set by clinicians to ensure these align with their purpose.…