FY18 finals were inline with expectations. Operationally and strategically FY18 was another positive year, making progress on various fronts. FY19 has got off to a good start with LFL’s “robust” and remedial action to address areas of underperformance proving positive to date. There is also favourable news of lower nurse attrition and improved debt facilities / terms. Recent deals support 3% PBT upgrades for FY19/FY20. Overall, we feel the broad tenor of these finals should help restore investor ....
27 Sep 2018
Reassuring tenor to FY18 finals
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Reassuring tenor to FY18 finals
CVS Group plc (CVSG:LON) | 942 65.9 0.7% | Mkt Cap: 675.3m
- Published:
27 Sep 2018 -
Author:
Sahill Shan -
Pages:
3
FY18 finals were inline with expectations. Operationally and strategically FY18 was another positive year, making progress on various fronts. FY19 has got off to a good start with LFL’s “robust” and remedial action to address areas of underperformance proving positive to date. There is also favourable news of lower nurse attrition and improved debt facilities / terms. Recent deals support 3% PBT upgrades for FY19/FY20. Overall, we feel the broad tenor of these finals should help restore investor ....