Business
Formatting Replacement: Interim Results
Formatting Replacement: Interim Results.
About this update from Cvs Group Plc
[{"type":"text","content":"\n \n \n RNS Number : 8581H\n CVS Group plc\n 27 March 2020\n \n \n \n The 'Interim results for the six months ended 31 December 2019' announcement released on 27 March 2020 at 7:00 a.m. under RNS No 8073H has been reformatted. All material details remain unchanged.\n \n CVS Group plc\n \n \n (\"CVS\" or the \"Group\")\n \n \n Interim results for the six months ended 31 December 2019\n \n \n \n \n CVS, one of the UK's leading provider of integrated veterinary services, is pleased to announce its interim results for the six months' ended 31 December 2019 ('H1 2020'), and to provide updates on year-to-date trading and on its response to the COVID-19 pandemic.\n \n \n \n \n \n \n \n \n \n \n \n \n Six months ended 31 December 2019\n \n \n \n \n Six months ended 31 December 2019\n \n \n \n \n Six months ended 31 December 2018\n \n \n \n \n Change %\n \n \n \n \n \n \n \n \n \n Post IFRS 16 (Unaudited)\n \n \n \n \n Pre IFRS 16 (Unaudited)\n \n \n \n \n Pre IFRS 16 (Unaudited)\n \n \n \n \n Pre IFRS 16\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Revenue (£m)\n \n \n \n \n 224.5\n \n \n \n \n 224.5\n \n \n \n \n 195.1\n \n \n \n \n 15.1%\n \n \n \n \n \n \n Adjusted EBITDA (£m) 1\n \n \n \n \n 37.5\n \n \n \n \n 30.1\n \n \n \n \n 23.8\n \n \n \n \n 26.5%\n \n \n \n \n \n \n Adjusted profit before income tax (£m) 2\n \n \n \n \n 20.5\n \n \n \n \n 22.4\n \n \n \n \n 17.4\n \n \n \n \n 28.7%\n \n \n \n \n \n \n Adjusted basic earnings per share (pence) 3\n \n \n \n \n 23.4\n \n \n \n \n 25.6\n \n \n \n \n 19.7\n \n \n \n \n 30.0%\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Operating profit (£m)\n \n \n \n \n 11.1\n \n \n \n \n 10.7\n \n \n \n \n 3.4\n \n \n \n \n 214.7%\n \n \n \n \n \n \n Profit before income tax (£m)\n \n \n \n \n 6.7\n \n \n \n \n 8.7\n \n \n \n \n 1.6\n \n \n \n \n 443.8%\n \n \n \n \n \n \n Basic earnings per share (pence)\n \n \n \n \n 7.0\n \n \n \n \n 9.1\n \n \n \n \n 1.2\n \n \n \n \n 658.3%\n \n \n \n \n \n \n \n \n \n \n \n \n Interim Results\n \n \n \n \n \n · \n Sales growth of 15.1%\n \n \n · \n Like-for-like sales increase of 8.4%\n \n \n · \n Adjusted EBITDA pre IFRS 16 increased to £30.1m (26.5%)\n \n \n · \n Adjusted EPS pre IFRS 16 i...