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Davy Research

CVS Group

CMA provisionally launching a formal market investigation

Mar 13 2024, 07:20 GMT
Colin Grant
Company Report
8 page(s)

Sectors : Pharma and healthcare

Companies : CVS Group

Ratings and price correct at time of issue.

CVS Group

Closing Price: 1092p
RATING 09/03/21
OUTPERFORM
PREVIOUS RATING N/A

Person's Name

Colin Grant

Analyst

DAVY VIEW

The Competition and Markets Authority (CMA) announced yesterday (March 12th) that its initial review into the vets market has identified multiple concerns. It has provisionally launched a formal market investigation. We continue to expect minimal impact to CVS’s earnings but the period of uncertainty has been extended.

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Mar 13 2024, 07:20 GMT