CVS Group: aveterinary services firm purring along nicely

CVS Group (LSE:CVSG) is an example of how temporary uncertainty can create attractive investment opportunities. For the past three years, the UK's largest listed veterinary services group has traded under the shadow of the Competition and Markets Authority's (CMA) investigation into the sector. Investors feared the regulator would impose remedies severe enough to undermine the industry's profitability, pushing the shares down to 13 times earnings – a ten-year low.Yet during that period, th