CVS Group

H1 results show above forecast margins

  • Sectors : Pharma and healthcare
  • Companies : CVS Group

Ratings and price correct at time of issue.

  • CVS Group

    Closing Price: 1912p

  • RATING 09/03/21

  • PREVIOUS RATING N/A

DAVY VIEW

CVS’ interim results had largely been announced with the trading statement in January and reflect the execution of its strategy in line with targets announced at the Capital Markets Day. Organic top-line growth is strong, and the EBITDA margin of 19.5% is above forecast with higher interest charges and taxes.

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Feb 24 2023, 07:15 GMT

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