Further good trading news from CVS this morning. Momentum has strengthened since the March finals, supported by sector tailwinds and easing of lockdown restrictions. Management is increasingly confident this is likely continue into the final two months of the year and now expects both revenue and EBITDA to be ahead of expectations. We lift our current year EBITDA by £5.0m and this flows thorough to a 9% EPS upgrade. We raise FY22 and FY23 EPS by 8% and 7% respectively and see scope for further u ....
30 Apr 2021
Upgrades to reflect strengthening momentum
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Upgrades to reflect strengthening momentum
CVS Group plc (CVSG:LON) | 980 0 0.0% | Mkt Cap: 703.0m
- Published:
30 Apr 2021 -
Author:
Sahill Shan -
Pages:
3
Further good trading news from CVS this morning. Momentum has strengthened since the March finals, supported by sector tailwinds and easing of lockdown restrictions. Management is increasingly confident this is likely continue into the final two months of the year and now expects both revenue and EBITDA to be ahead of expectations. We lift our current year EBITDA by £5.0m and this flows thorough to a 9% EPS upgrade. We raise FY22 and FY23 EPS by 8% and 7% respectively and see scope for further u ....