PET may be characterised as a Service and Merchandise business. Merchandise is predominantly Food (mainly Dog and Cat, within that mainly Dog) and Accessories while the most important part of the Service business is its various Veterinary Surgeon activities. These are mainly First Opinion Practices which are owned by Joint Ventures between PET and the practitioner. In the enhanced disclosures provided with these Prelims PET showed that they accounted for around one third of EBIT in 2017/18.
22 May 2018
Unsettling signs in the Vet Business
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Unsettling signs in the Vet Business
Pets At Home Group Plc (PETS:LON) | 270 -4.3 (-0.6%) | Mkt Cap: 1,263m
- Published:
22 May 2018 -
Author:
Tony Shiret -
Pages:
6
PET may be characterised as a Service and Merchandise business. Merchandise is predominantly Food (mainly Dog and Cat, within that mainly Dog) and Accessories while the most important part of the Service business is its various Veterinary Surgeon activities. These are mainly First Opinion Practices which are owned by Joint Ventures between PET and the practitioner. In the enhanced disclosures provided with these Prelims PET showed that they accounted for around one third of EBIT in 2017/18.