Source - SMW
Integrated veterinary services provider CVS Group's  like-for-like sales  in the six months to the end of December were 5.6% up on last time (after adjusting for one less trading day).

The group said the strong growth in sales of Animed Direct had continued.

Excluding Animed Direct, like-for-like sales  grew by 3.0%.  

It said this figure was a marked improvement on the November update for the 4 months to 31 Oct, which reflected a particularly strong performance in the comparative period in 2016.  

It said the recovery primarily reflected stronger like-for-like trading in November and December.

The group said that since the start of the current financial year on 1 Jul, it had made a total of 29 acquisitions of 30 surgeries bringing the total number of surgeries to 453. 

The total consideration for the above acquisitions was approximately £28m.

 


At 8:25am: (LON:CVSG) CVS Group PLC share price was +135p at 1166p