Annnual General Meeting Statement - 4th December 2008
For immediate release 4 December 2008
CVS Group plc (“CVS” or “the Group”)
Annnual General Meeting Statement
CVS, one of the UK's leading providers of veterinary services, is holding its AGM at 11.00am today.
At the meeting Richard Connell, Chairman, will make the following statement:
"In the financial year to date, I am pleased to report that we acquired a further 11 veterinary surgeries, including 1 specialist animal hospital, to take the current total to 161 surgeries and 6 veterinary laboratories. I am also delighted to report that during the current period we acquired our first pet crematorium, an important strategic step in enabling us to generate stronger returns through vertical integration of key suppliers to the veterinary market. All acquisitions to date have been financed through a combination of existing debt facilities and internally generated cash.
We remain confident that the business will continue to perform in line with expectations."
CVS Group plc: 01379 644 288
Simon Innes - Chief Executive
Paul Coxon - Finance Director
Buchanan Communications: 020 7466 5000
Panmure Gordon: 020 7459 3600