Full Year Results 

Pets at Home claws its way to growth

Pets at Home claws its way to growth

Pets at Home (PETS) soundly beat expectations in the year to March 2019, prompting its shares to jump following the results announcement. In recent months, the group has been working to find an edge in the crowded veterinary market, cutting prices and introducing discounted subscription services for repeat customers. Management admits to being surprised by its success, saying the retail business “returned to profit growth faster than anticipated”.

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