CVS Group 2017 Final Results
Revenue up 24.6% to £271.8m
Like-for-like sales growth for the Group of +6.3%
Healthy Pet Club members up 20.9% to 306,000
Adjusted EBITDA up 28.2% to £42.1m
Adjusted earnings per share up 32.1% to 42.8 pence per share
Acquired and integrated 62 surgeries during the year
10 surgeries acquired after the year end
Now operate 432 surgeries
Dividend
It is proposed to pay a dividend of 4.5p per share in December 2017, a 28.6% increase on the 3.5p per share paid in 2016. The increased scale and growth of our business can support a meaningful increase in the level of dividend whilst retaining sufficient funds to continue to grow the business. If approved at the Annual General Meeting, the dividend will be paid on 8 December 2017 to shareholders on the register on 24 November 2017. The ex-dividend date will be 23 November 2017.
