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Last checked at 
4 Dec 2008 07:00
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For ImmediateΒ Release |
4 December 2008 |
CVS Group plc
("CVS" or the "Company")
ANNUAL GENERAL MEETING STATEMENT
CVS, one of theΒ UK's leading providers of veterinary services, is holdingΒ its AGM at 11.00am today.
At the meeting Richard Connell, Chairman,Β willΒ make the following statement:
"In the financial year to date, IΒ am pleased to report thatΒ we acquiredΒ a furtherΒ 11Β veterinary surgeries,Β including 1Β specialist animal hospital,Β to take the current total toΒ 161Β surgeries and 6 veterinary laboratories. I am also delighted to report thatΒ duringΒ the current period we acquiredΒ our first pet crematorium, an important strategic step in enabling us to generate stronger returns through vertical integration of key suppliers to the veterinary market.Β All acquisitions to date have been financed through a combination of existing debt facilities and internally generated cash.
WeΒ remainΒ confident that the business will continue to perform in line with expectations."
Contacts:
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CVS Group plc Simon Innes, Chief ExecutiveΒ Paul Coxon, Finance Director |
01379 644288 |
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Buchanan Communications Richard Oldworth Ben Romney |
020 7466 5000 |
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Panmure Gordon Richard Gray Andrew Godber |
020 7459 3600 |
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