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CVS Group plc Expands in Australia Amid UK Challenges

CVS Group plc (GB:CVSG) has released an update.

CVS Group plc reports a 7.6% increase in Group sales for the four months to October 31, 2024, despite flat like-for-like sales in the UK due to soft demand. The company is strategically expanding in Australia, enhancing growth and efficiency to mitigate rising employment costs in the UK. CVS continues to make significant investments in technology and practice refurbishments while maintaining a strong cash flow and acquisition pipeline.

For further insights into GB:CVSG stock, check out TipRanks’ Stock Analysis page.

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