UK's CVS Group falls after flagging hot weather impact on Q4 revenue

CVS

24/09/2026 09:37

 
** Shares of UK veterinary services provider CVS Group CVSG.L down ~5% at 1,236p
** Co says unusually hot weather in May and June weighed on Q4 revenue, tempering stronger like-for-like growth seen earlier in FY26
** "We expect focus to switch to improving LFL as well as the potential from the ongoing acquisition opportunity," said Chalres Hall, a Peel Hunt analyst
** Co says it continues to expect FY27 performance to be in line with market expectations, with average adjusted core profit of £150.4 mln ($199.22 mln), according to a company-compiled consensus
** Stock down 3.1% YTD


($1 = 0.7549 pounds)
     

 (Reporting by Anushka Chourasia in Bengaluru)
 ((Anushka.Chourasia@thomsonreuters.com))