Significant H2 improvements increase confidenceFY19 finals have come in marginally ahead of our expectations and highlight another year of strong LFL delivery. Results clearly show significant improvement in H2 and we are pleased to see this positive momentum has continued into FY20, leading us to upgrade our 2 year EPS by 5%-6%. Management remain sanguine about future growth prospects with plenty of levers to drive organic growth, expand in a more controlled manner and to focus on cash generati ....
27 Sep 2019
Significant H2 improvements increase confidence for FY20
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Significant H2 improvements increase confidence for FY20
CVS Group plc (CVSG:LON) | 942 65.9 0.7% | Mkt Cap: 675.3m
- Published:
27 Sep 2019 -
Author:
Sahill Shan -
Pages:
3
Significant H2 improvements increase confidenceFY19 finals have come in marginally ahead of our expectations and highlight another year of strong LFL delivery. Results clearly show significant improvement in H2 and we are pleased to see this positive momentum has continued into FY20, leading us to upgrade our 2 year EPS by 5%-6%. Management remain sanguine about future growth prospects with plenty of levers to drive organic growth, expand in a more controlled manner and to focus on cash generati ....