CVS Group posts revenue, EBITDA growth as Australia expands share of sales
Veterinary services provider CVS Group reports higher revenue and earnings for the year ended 30 June 2026, supported by like-for-like sales growth and a larger Australian business. The company says demand for high-quality veterinary care remains supportive, while the board recommends a final dividend of 9.0 pence per ordinary share.
Highlights
- CVS Group reports revenue up 5.9% to £712.8 million and adjusted EBITDA up to £141.5 million for the year ended 30 June 2026.
- Australian operations contribute £79.1 million, or 11% of group revenue across 57 practice sites, driven by acquisitions and ongoing market expansion.
- Board recommends a final dividend of 9.0 pence per share (£6.1 million) and maintains confidence in meeting FY27 market expectations amid a strong acquisition pipeline.
Full-year performance and expansion plans
As reported by London Stock Exchange, citing the London Stock Exchange Regulatory News Service, CVS Group says revenue rises 5.9% to £712.8 million in the year ended 30 June 2026, while like-for-like sales increase 2.1% despite what it describes as a sustained softer UK economic backdrop.Adjusted EBITDA increases to £141.5 million from £134.6 million, with the margin stable at 19.9%. Adjusted earnings per share rise 6.9% to 85.6 pence from 80.1 pence, while profit before tax stands at £32.0 million after a higher depreciation and amortisation charge.
CVS also says Australian revenue reaches £79.1 million, helped by acquisitions, and now accounts for about 11% of group revenue across 57 practice sites. The board adds that the new financial year is off to a solid start and says it has a strong pipeline of acquisition opportunities in both Australia and the UK.
Dividend policy and market outlook
The board is maintaining its progressive dividend policy and recommends a final dividend of 9.0 pence per ordinary share, representing an estimated £6.1 million. That stance signals continued confidence in cash generation as the group balances shareholder returns with investment in expansion.Chief Executive Officer Richard Fairman says the company delivers another year of solid growth across its three divisions and that the Australian business continues to perform well. CVS says it expects to perform in line with market expectations for FY27, underpinned by continuing demand for veterinary care in its two main markets.
Our earlier article on defensive dividend strategies looked at why income-focused investors may prefer high-yield, resilient stocks during periods when markets favor faster-growth themes. Using Altria as an example, we outlined how yield, sector defensiveness and even options-based income approaches were positioned as ways to prioritize cash generation and downside resilience.
Latest CVS Health Corp News
-
Afghanistan
-
Albania
-
Algeria
-
Angola
-
Argentina
-
Armenia
-
Australia
-
Austria
-
Azerbaijan
-
Bahamas
-
Bahrain
-
Bangladesh
-
Belarus
-
Belgium
-
Bolivia
-
Botswana
-
Brazil
-
Brunei
-
Bulgaria
-
Cambodia
-
Cameroon
-
Canada
-
Chile
-
China
-
Colombia
-
Congo
-
Costa Rica
-
Cote d'Ivoire
-
Croatia
-
Cuba
-
Cyprus
-
Czechia
-
DR Congo
-
Denmark
-
Dominican Republic
-
Ecuador
-
Egypt
-
El Salvador
-
Estonia
-
Eswatini
-
Ethiopia
-
Finland
-
France
-
Georgia
-
Germany
-
Ghana
-
Greece
-
Haiti
-
Hong Kong
-
Hungary
-
India
-
Indonesia
-
Iran, Islamic republic
-
Iraq
-
Ireland
-
Israel
-
Italy
-
Jamaica
-
Japan
-
Jordan
-
Kazakhstan
-
Kenya
-
Korea
-
Kuwait
-
Kyrgyzstan
-
Laos
-
Latvia
-
Lebanon
-
Lesotho
-
Libya
-
Lithuania
-
Luxembourg
-
Madagascar
-
Malaysia
-
Malta
-
Mauritius
-
Mexico
-
Moldova
-
Mongolia
-
Montenegro
-
Morocco
-
Mozambique
-
Myanmar
-
Namibia
-
Nepal
-
Netherlands
-
New Zealand
-
Nigeria
-
North Macedonia
-
Norway
-
Oman
-
Pakistan
-
Palestine
-
Panama
-
Papua New Guinea
-
Paraguay
-
Peru
-
Philippines
-
Poland
-
Portugal
-
Puerto Rico
-
Qatar
-
Reunion
-
Romania
-
Rwanda
-
Saudi Arabia
-
Serbia
-
Singapore
-
Slovakia
-
Slovenia
-
Somalia
-
South Africa
-
Spain
-
Sri Lanka
-
Sweden
-
Switzerland
-
Syria
-
Taiwan
-
Tajikistan
-
Tanzania
-
Thailand
-
Trinidad and Tobago
-
Tunisia
-
Turkey
-
UAE
-
Uganda
-
Ukraine
-
United Kingdom
-
United States
-
Uruguay
-
Uzbekistan
-
Venezuela
-
Vietnam
-
Yemen
-
Zambia
-
Zimbabwe
- Forex
- Crypto
