CVS Group 2016 interim results

DividendMax Ltd.

CVS Group 2016 interim results

Sales growth of 23%

Like-for-like sales increase of 3.0%

Adjusted EBITDA up at £14.6m (23.7%)

Adjusted EPS 14.7p (14.0%)

Net debt £84.8m (June 2015: £46.2m) reflecting a significant acceleration in acquisition activity

42 practice surgeries acquired during the period and 8 after the period end

Significant development of the referrals business with the acquisition of Highcroft Veterinary Referrals, Dovecote Veterinary Hospital and the opening on Lumbry Park Veterinary Specialists

Companies mentioned