Nice results!
· Revenue up 10.4% to £120.1m
· Adjusted EBITDA up 5.5% to £16.5m
· Adjusted earnings per share up 7.0% to 16.9 pence per share
· Like-for-like sales5 growth for the Group of 3.4%
· Acquired and integrated 14 surgeries
· Acquired Valley Pet Crematorium
· Healthy Pet Club members up over 70% to 111,900
· 252 surgeries
· Animed Direct revenue up 62.0% to £4.9m
I am pleased to report a strong finish to the financial year with retail sales growth for the fourth quarter up 47% to £208 million, and up 40% to £754 million for the full year to 31 August 2013.
MCAP is 3991m?
Q4 Highlights
· Retail sales +47% year on year (UK +49%, International +47%)
· International retail sales 64% of total (65% last year)
· Retail gross margin up c.460bps on prior year
· 7.1 million active customers* at 31 August 2013 (+42% year on year)
FY Highlights
· Retail sales +40% year on year (UK +34%, International +44%)
· International retail sales mix 63% of total (62% last year)
· Retail gross margin up c.100bps on prior year
· Strong balance sheet and cash position
So is this the last week to get in for the divi? Or too late?
Consequently, subject to shareholder approval at the Company's AGM to be held in June 2013, the Board is recommending a special dividend of 49.5 cent per ordinary share to be paid on 25 September 2013 to shareholders on the register on 13 September 2013.
Will this drop 50% next week?
Answers on a postcard... or here. :D
Never understand targets when they have been raised to something the price has already exceeded? Doesn't make sense to me! Surely everyone would then sell? Lol.
Isnt mcap a bit high though for those results? Just wondered. Future looks good here however! £33m mcap At 30th June 2013 the Group had net assets of £3,958,000 (30th June 2012: £516,000).
All good % increases though! :@)