Sep 26, 2024 / 08:00AM GMT
Richard Fairman - CVS Group PLC - Chief Executive Officer, Executive Director
Welcome to this presentation of CVS Group's full-year financial results for the year ended June 30, 2024. I am Richard Fairman, CEO, and I'm joined by Robin Alfonso, CFO; and Paul Higgs, Chief Veterinary Officer.
As set out on slide 4, we have continued to make progress against our five-year strategic plan despite some challenges faced in the past financial year with a major cyber incident at the end of March, our resulting decision to migrate the majority of our practices to a new practice management system, and the CMA launching a market investigation in May.
Revenue increased by 9.9% to GBP647.3 million, driven by underlying like-for-like organic growth of 4.1% and acquisitions made in the year, notably in Australia. Adjusted EBITDA increased by 4.7% to GBP127.3 million with EBITDA margin of 19.7%. Whilst this remains within our stated ambition, it was adversely impacted in the year by the cyber incident, inflationary pressures on wages and utilities alongside our continued investment in people.
In
Full Year 2024 CVS Group PLC Q&A Session Transcript
Sep 26, 2024
Already have an account? Log in
Get the full story
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent 
4.6 out of 5 
Trustpilot
Trustpilot
Survey
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
Follow Us
Disclaimers