CVS Group

Disposal of crematoria division

  • Apr 24 2025, 08:18 IST/BST
  • Colin Grant
  • Company Report
  • 6 page(s)
  • Sectors : Pharma and healthcare
  • Companies : CVS Group

Ratings and price correct at time of issue.

  • CVS Group

    Closing Price: 1006p

  • RATING 09/03/21

  • PREVIOUS RATING N/A

DAVY VIEW

After receiving an attractive offer of 10x EV/EBITDA for its crematoria division, CVS has announced its disposal for £42.4m. The capital will be recycled into further acquisitions in Australia. The disposal highlights the material undervaluation of the rest of the group.

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Apr 24 2025, 08:18 IST/BST

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