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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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Pair of endangered Amur leopard cubs born at Colchester Zoo

News Story 1
 Keepers at Colchester Zoo are hailing the arrival of a pair of critically endangered Amur leopard cubs.

The cubs were born to first-time parents Esra and Crispin on the 9 September. This is the first time the Zoo has bred Amur leopard cubs on-site.

Amur leopards originate from the Russian Far East and north-east China. In the wild they are threatened by climate change, habitat loss, deforestation and the illegal wildlife trade.

The cubs are said to be “looking well” and are expected to emerge from their den in a few weeks.  

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News Shorts
BEVA survey seeks views about antibiotic use in horses

Equine vets are being invited to participate in a BEVA survey that aims to find out more about antimicrobial resistance in equine veterinary practice.

Designed by researchers at the University of Liverpool and incoming BEVA president Tim Mair, the survey aims to fill gaps in knowledge about how antimicrobials are being used in equine practice and the landscape of resistant infections encountered in equine practice.

Researchers hope the results will lead to a greater understanding of the role of antimicrobial treatment and antimicrobial resistance in horses and protect antibiotics for the future of equine and human health.