CVS Group: great results but…
AIM’s veterinary services giant impressed with its full year results, but our assessment of the latest results here suggests there might be pressure to offoad some of their smaller divisions.
CVS Group (AIM:CVSG), the leading provider of veterinary services announced results for its financial year ended 30 June 2023.
The review of the veterinary sector currently being conducted by the UK Competition and Markets Authority (‘CMA’) is clearly dominating matters for the time being, but these were really good results. However, the CMA might be uncomfortable with returns from some of their divisions, as we highlight below. You can read our earlier initial…
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