Shares in AIM su­per­star CVS are up nearly 16-fold since 2010

New earn­ings driver for CVS whose shares are up nearly 16-fold in value since 2010.

Shares - - CONTENTS -

ONE OF THE most suc­cess­ful AIM stocks has ex­panded into the pet in­sur­ance mar­ket, al­though the move isn’t ex­pected to boost earn­ings un­til its fi­nan­cial year end­ing June 2019.

CVS (CVSG:AIM)

says the re­sponse from cus­tomers since launch­ing in­sur­ance un­der the name of MiPet Cover in Au­gust has been ‘very pos­i­tive’. It also says the pro­vi­sion of in­sur­ance has ‘sig­nif­i­cant long term po­ten­tial’ for the busi­ness.

The com­pany is best known for run­ning vet­eri­nary prac­tices. Shares in CVS have in­creased by 1,480% in value over the past seven years.

1,480%

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