CVS Group plc (GB:CVSG) has released an update.
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CVS Group plc, a leading UK veterinary group, has reported a 9.9% revenue increase to £647.3m and a 4.7% rise in adjusted EBITDA despite facing challenges such as a cyber incident and market pressures. Profit before tax, however, fell substantially by 37.1%. The company also made a strategic expansion into Australia, acquiring 22 veterinary practices and establishing significant purchasing synergies, while divesting from less profitable operations in the Netherlands and Ireland.
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