CVS Group (AIM:CVSG) – terrific results from the UK’s leading veterinary group
Revenue was up 19.0% to £81.9m, including like-for-like sales increasing +10.00p and adjusted EPS came in at 12.9p up a massive +34.5% with basic earnings per share increased from 4.6p to 7.0p.
Despite acquiring 10 practice surgeries in the period net debt fell to £28.7m (June 2014: £31.3m)
The real attraction of this business is the cash generation and the ability to sell a growing number of ancillary services to customers as the…
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