CVS Group completes acquisitions and agrees new banking facilities
4th Dec 2015 10:18
(ShareCast News) - Veterinary services provider CVS Group has completed the acquisition of Albavet and The Pet Crematorium in two separate deals. The London-listed company will pay £11.3m to acquire the former along with its VETiesco subsidiary and indicated the group's 11 veterinary surgeries will
Read moreCVS Group acquires Highcroft Pet Care
26th Oct 2015 14:22
(ShareCast News) - Veterinary services provider CVS Group has completed the acquisition of Highcroft Pet Care for £7.4m. CVS said the deal for the Bristol-based company, which operates an integrated services, will provide it with its first significant presence in the area. London-listed CVS added H
Read moreCVS' chief executive pockets £1.7m by selling half of stake
9th Apr 2015 15:50
Veterinary services provider CVS Group said its chief executive sold £1.7m worth in shares on Thursday. Simon Innes, who has been the chief executive in the group since 2004, sold 300,000 shares for 550p each, bringing home a total of £1.665m. Following the transaction, Innes holds 246,475 remainin
Read moreCVS Group acquires YourVets in £12m deal
30th Mar 2015 11:30
Veterinary services provider CVS Group confirmed it will acquire sector peer YourVets in a deal worth £12m. The London-listed company said it had secured new debt facilities with Royal Bank of Scotland to finance the deal, adding it will pay approximately £9.5m of the purchase price, with the remain
Read moreCVS Group non-exec more than doubles stake
27th Oct 2014 15:52
CVS Group said on Monday that one of its non-executive directors, Mike McCollum, more than doubled his stake in the veterinary services provider. McCollum bought 30,000 shares at 370p apiece, taking his holding to 50,000. The £111,000 purchase comes around a month after the group posted a 17.8% yea
Read moreCVS Group yearly profits up 17.8%
19th Sep 2014 11:17
Strong performances across its different divisions, saw veterinary services provider CVS Group post pre-tax profits of £14.3m for the year ended June 30, a 17.8% increase year-on-year. Revenues were up 19% at £142.9m and adjusted earnings before interest, tax, depreciation and amortisation rose by 1
Read moreFriday broker round-up UPDATE
1st Aug 2014 10:33
AstraZeneca: Deutsche Bank ups target price from 3950p to 4000p staying with its hold recommendation. Avacta: Numis places both its target price and its buy recommendation under review. Barclays: Berenberg upgrades from sell to hold with a target price of 220p. Bodycote: UBS shifts target price f
Read moreFriday broker round-up UPDATE
21st Mar 2014 09:36
Anglo American: Nomura reduces target price from 1550p to 1475p and retains a neutral rating. Antofagasta: Nomura cuts target price from 800p to 720p and stays with its reduce rating. Canaccord Genuity reduces target price from 1030p to 880p, while its buy recommendation is kept. ASOS: UBS reduces
Read moreThursday broker round-up UPDATE
20th Feb 2014 08:49
Anglo American: Jefferies increases target price from 1450p to 1700p maintaining a neutral rating. BHP Billiton: Jefferies takes target price from 2300p to 2400p and stays with its buy recommendation. Big Yellow Group: Jefferies raises target price from 540p to 618p and retains a buy recommendatio
Read moreGrowth accelerates at CVS Group
5th Dec 2013 08:16
Veterinary services provider CVS Group provided an encouraging trading update with like-for-like sales growth accelerating. In the four months to October 31st, like-for-like sales grew by 4.3% compared to the same period last year, the company said in a statement prepared ahead of its annual gener
Read moreTuesday broker round-up UPDATE
24th Sep 2013 08:31
African Barrick Gold: Liberum Capital upgrades to hold with a target price of 147p. Amec: UBS reduces target price from 1200p to 1145p downgrading from buy to neutral. Compass Group: Investec ups target price from 900p to 925p and keeps a buy recommendation. CVS Group: Investec takes target price
Read moreCVS Group final results in line after increased acquisitions
24th Sep 2013 07:46
Revenues and profits cantered higher at veterinary services group CVS as it increased the pace of its acquisitions to 14 surgeries in the year, from eight the year before against the backdrop of more favourable market conditions. Revenues reared up 10% to £120.1m in the year to end-June, with like-
Read moreWednesday broker round-up UPDATE
13th Mar 2013 08:28
Afren: UBS raises target price from 160p to 200p and reiterates a buy recommendation. African Barrick Gold: Westhouse Securities reduces target price from 255p to 195p and keeps a sell recommendation. Antofagasta: Deutsche Bank lowers target price from 1260p to 1150p, while staying with its hold r
Read moreCVS beats revenue forecasts in first half
13th Mar 2013 08:02
Veterinary services provider CVS Group beat revenue forecasts in the first half of its fiscal year, helped by acquisitions and growth in its online platform, Animed Direct. Revenue rose by 8.1% from £54m to £58.3m in the six months to December 31st, ahead of Panmure Gordon's £55.4m estimate. Like-f
Read moreFriday broker round-up UPDATE
8th Mar 2013 07:42
Advanced Computer Software Group: Canaccord Genuity raises target price from 80p to 108p and reiterates a buy recommendation. Aggreko: Jefferies raises target price from 2000p to 2200p keeping its buy recommendation. Cantor Fitzgerald takes target price from 2020p to 2200p and stays with its buy re
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