Another upgrade for our veterinary group
A change of senior management has revitalised this leading veterinary services group. The expanding pet population over lockdown should also be good news for its long-term growth prospects with the latest trading update highly encouraging. (IHT qualifying)
The latest results from one of the UK’s largest veterinary services groups shines a spotlight on a business that has been revitalised following a change of senior management and the realisation that more emphasis needed to be placed on organic growth, rather a continuation of the acquisition mania that had previously taken hold. The growing pet population over lockdown bodes well for its long-term prospects as our in-depth note here reveals. CVS Group (LON:CVSG) is a fully integrated provider of veterinary services in the UK, with a small number of practices in the Netherlands and the Republic of Ireland. The Group…