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EmailIphone Application    Posted: 2019-05-23
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Pets at Home sees pre-tax profits fall by nearly 40 per cent
The firm said it is ‘confident’ about the year ahead and expects to see revenue growth ahead of both the retail and vet markets.
Full year performance ‘ahead of expectations’, statement says

Pets at Home has seen its statutory pre-tax profits fall by 37.7 per cent, to £49.6 million in the 12 months up to the end of March.

However, the group said its full year performance was ‘ahead of expectations’. The retail business is ‘growing strongly’ with like for like sales growth of 5.1 per cent, to £854.6 million. It also reported an 8.3 per cent rise in shares.

Last year the firm announced plans to buy out up to 55 practices from joint venture partners, of which up to 30 could close. In its latest report the group said the veterinary arm of the business is ‘performing well’ and the restructuring plans are on track to complete later this year.

By 17 May 2019, 48 buy outs had been completed, of which 19 have closed.

The firm said it is ‘confident’ about the year ahead and expects to see revenue growth ahead of both the retail and vet markets.

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Endangered turtles rescued from smugglers

News Story 1
 A group of endangered turtles have found a new home at London Zoo after being rescued from smugglers.

The four big-headed turtles arrived at the zoo at the end of last year, after smugglers tried to illegally import them to Canada, labelled as toys.

One of the turtles, named Lady Triệu after a Vietnamese warrioress, has moved to a new exhibit in the zoo’s reptile house. She is the only one of her kind in a UK zoo.

Big-headed turtles have such large heads that they cannot pull them back into their shells. To compensate, they have armour plating from head to tail and a very sharp beak to fend off predators. They are ranked number 18 on ZSL’s EDGE of Existence reptile list, which puts threatened species at the forefront of conservation action. Image © ZSL  

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RCVS Fellowship board chair elections get underway

Voting for the 2019 RCVS Fellowship Chair election is now underway. This year four candidates are standing for election, including Dr Robert Huey, Professor John Innes, Professor Liz Mossop and Professor Ian Ramsey.

The Chair will attend and preside over Fellowship meetings and take the lead in consolidating the Fellowship’s position as the learned society of the RCVS. Fellows will receive an email containing a link to the online voting form, as well as candidates’ details and manifestos. Voting closes at 5pm on Thursday, 5 September.