Today’s AGM update makes reassuring reading. The renewed focus on organic growth, operational improvements and better cost/KPI management is proving effective. This is graphically illustrated by a strong 8% LFL sales growth print covering the first 4 months of the year, meaning the positive momentum seen in H2-19 has continued into FY20. Significantly, gross margins, employment costs and vacancy rates have remained stable since the Sept finals. LFL sales comps do become stiffer in H2 but with YT ....
28 Nov 2019
Positive AGM – ongoing focus on organic growth supports further upgrades
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Positive AGM – ongoing focus on organic growth supports further upgrades
CVS Group plc (CVSG:LON) | 952 9.5 0.1% | Mkt Cap: 683.1m
- Published:
28 Nov 2019 -
Author:
Sahill Shan -
Pages:
4
Today’s AGM update makes reassuring reading. The renewed focus on organic growth, operational improvements and better cost/KPI management is proving effective. This is graphically illustrated by a strong 8% LFL sales growth print covering the first 4 months of the year, meaning the positive momentum seen in H2-19 has continued into FY20. Significantly, gross margins, employment costs and vacancy rates have remained stable since the Sept finals. LFL sales comps do become stiffer in H2 but with YT ....