CVS Group shares struggle despite strong sales
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Master Investor Magazine
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The price of shares in AIM-listed vets group CVS Group (LON:CVSG) tumbled 1.84% as margins dropped slightly in the six months ended 31st December. Total sales were up by 15%, but a large chunk of this growth came from the lower margin areas of the business.
The company’s comparatives for the second half of the year are tougher, but management said that they expect to meet expectations for the full year.
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