November 27, 2018 / 7:24 AM / 18 days ago

Pets At Home to reorganise business amid cost pressures

Nov 27 (Reuters) - Pets At Home Group Plc will consolidate up to 55 practices from joint ventures and also consider closing some of them, as rising costs pressure its pet products and services.

The move is expected to result in non-underlying income statement costs of up to 49 million pounds ($62.6 million) and non-underlying cash costs of up to 27 million pounds.

$1 = 0.7824 pounds Reporting by Karina Dsouza in Bengaluru; editing by Sai Sachin Ravikumar

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