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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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RCVS carries out annual VN CPD audit

News Story 1
 The RCVS is carrying out its annual veterinary nurse CPD audit and has sent out requests for the CPD records of more than 1,100 nurses this week.

Under the RCVS Code of Professional Conduct, nurses are required to carry out at least 45 hours of CPD over a rolling three-year period. This year, 1,130 nurses have been asked to share their records from 2016-2018 to show that they have complied with the requirements.

Earlier this year, the VN Council decided to expedite the referral process for nurses who have not complied with the CPD requirement for three or more years. In such cases nurses will have their records sent to the CPD Referral Group. 

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News Shorts
Kew Gardens seeking vets for Ethnoveterinary Medicine Project

A new project at the Royal Botanical Gardens, Kew, is seeking the help of vets to find out how plants were traditionally used to treat animals.

The Ethnoveterinary Medicine Project is aiming to record the remaining knowledge from across the British Isles, before it disappears.

Visit the Kew Gardens website for more information or email ethnovet@kew.org to share data.