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Davy Research

CVS Group

Trading update ahead of AGM

Nov 29 2023, 07:15 GMT
Colin Grant
Hammad Anwar CFA
Company Report
6 page(s)

Sectors : Pharma and healthcare

Companies : CVS Group

Ratings and price correct at time of issue.

CVS Group

Closing Price: 1498p
RATING 09/03/21
OUTPERFORM
PREVIOUS RATING N/A

Person's Name

Colin Grant

Analyst

Person's Name

Hammad Anwar CFA

Analyst

DAVY VIEW

CVS has issued a trading statement, covering the first four months of its H1 2024 to end-October, ahead of its AGM today. Revenue growth and the EBITDA margin are in line with forecasts, which we will be leaving unchanged. M&A activity has been strong and is likely to surpass the annual target.

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Nov 29 2023, 07:15 GMT