Softer UK markets hit underlying sales at CVS
30th Jan 2025 10:32
(Sharecast News) - AIM-listed veterinary services group CVS saw a drop in underlying revenues in its first half, and said it was stepping up its investments in Australia to make up for uncertainty in the UK.
Read moreCVS Group sales, earnings rise in new financial year
20th Nov 2024 09:10
(Sharecast News) - Veterinary service provider CVS Group reported a 7.6% year-on-year increase in group sales for the four months ended 31 October in an update on Wednesday.
Read moreCVS Group confident despite tough year for UK vet market
26th Sep 2024 07:06
(Sharecast News) - Veterinary practice operator CVS Group reported a 9.9% increase in full-year revenue on Thursday, to £647.3m, reflecting its ongoing expansion efforts, particularly in Australia.
Read moreCVS Group flags lower full-year sales growth
25th Jul 2024 12:12
(Sharecast News) - Listed veterinary service provider CVS Group said in an update on Thursday that it achieved growth of around 10% in full-year revenue for continuing operations, with like-for-like sales increasing 2.9%, compared to 7.3% in the 2023 financial year.
Read moreCompetition watchdog launches probe into UK vet market
23rd May 2024 09:55
(Sharecast News) - The competition watchdog is to launch a full investigation into the UK's £5bn veterinary market, it was confirmed on Thursday, after an initial review prompted 56,000 responses.
Read moreCVS Group appoints David Wilton as its new chair
1st May 2024 12:03
(Sharecast News) - UK veterinary service provider CVS announced the appointment of David Wilton as its new chair on Wednesday.
Read moreCVS Group hit by cyber attack
8th Apr 2024 08:05
(Sharecast News) - Vet services provider CVS Group said on Monday that it had been hit by a cyber attack which will have an ongoing operational impact on its UK business.
Read moreRBC Capital downgrades CVS Group on CMA review
15th Mar 2024 07:24
(Sharecast News) - RBC Capital Markets downgraded CVS Group on Friday to 'sector perform' from 'outperform' and slashed the price target to 1,200p from 2,100p after the UK Competition and Markets Authority said it had provisionally decided to launch a formal investigation into the vet market.
Read moreLondon close: Stocks rise as UK wage growth moderates
12th Mar 2024 16:17
(Sharecast News) - London markets closed with gains on Tuesday, buoyed by hopes for interest rate cuts following a modest increase in UK wage growth.
Read moreCVS shares slide as CMA consults on possible market probe
12th Mar 2024 11:34
(Sharecast News) - Shares in UK veterinary service provider CVS Group were in the red on Tuesday, after the Competition and Markets Authority (CMA) announced a consultation over its proposal to conduct a market investigation concerning veterinary services for household pets in the UK.
Read moreCMA to launch formal investigation into vet market
12th Mar 2024 09:14
(Sharecast News) - The UK's Competition and Markets Authority said on Tuesday that it has provisionally decided to launch a formal market investigation after a review into the veterinary industry found that pet owners could be paying too much for medicines or prescriptions.
Read moreCVS posts first-half growth as CMA market probe continues
29th Feb 2024 11:18
(Sharecast News) - UK veterinary service provider CVS Group reported an 11.4% increase in revenue in its interim results on Thursday, to £329.9m, with a like-for-like sales growth of 6%.
Read moreCVS Group revenue jumps 11pc in first-half
25th Jan 2024 15:15
(Sharecast News) - Veterinary service provider CVS Group reported a positive first half in a trading update on Thursday, with total group revenue jumping 11.4% year-on-year to £329.9m as like-for-like sales increased 6%.
Read moreCVS trading as expected as it expands vet network
29th Nov 2023 08:39
(Sharecast News) - Veterinary service provider CVS Group said in an update on Wednesday that it saw a strong performance in line with expectations in the four months leading up to 31 October.
Read moreCVS chair Richard Connell resigns due to ill health
27th Oct 2023 07:27
(Sharecast News) - Veterinary group CVS said on Friday that chair Richard Connell has decided to resign with immediate effect due to ill health.
Read more