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You may be right, but that is different to what I have been...

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juneauquan

1,534 Posts.

28

10/05/18

10:23

Post #: 33003058
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Originally posted by wintervet ↑

Did you know the two biggest vet groups in Europe with over 800 practices between them
Make no profit. This despite Sweden having pet insurance compliance above 80% of all dogs .
In Australia vet aggregators loose around 20% of ebitda after acquisition of a vet practice.
I have lots of live data on the pet and vet industry that’s not written in any of your reports.
My view is we have hit peak vet. Two many clinics and corporates pumping for profit and the market is pushing back. Just saying.

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You may be right, but that is different to what I have been talking about.

GXL Price at posting: $4.11 Sentiment: Hold Disclosure: Not Held
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