{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"<iframe src=\"https://embed.acast.com/$/a4c5de36-8260-4222-8e38-ff997dc73436/683878756e5b65d787bcf5da?\" frameBorder=\"0\" width=\"700\" height=\"250\"></iframe>","title":"25 years of volatility, Pets at Home & BT: The Companies and Markets Show","thumbnail_width":200,"thumbnail_height":200,"thumbnail_url":"https://open-images.acast.com/shows/61b9b44742e856e989985776/1748531300098-4043a2d7-91fe-4d42-a8ec-2f8ceac42818.jpeg?height=200","description":"<p>We start with FTSE 250 retailer <strong>Pets at Home (PETS)</strong>, whose veterinary arm is now making more than the retail business. Mark Robinson unpacks why this may be, the outlook for the year ahead and the valuation case.</p><p><br></p><p>Our cover feature on 25 years of volatility is next. Julian Hofmann shares a quick recap of the more serious issues investors have dealt with over this period, the lessons learnt and more.&nbsp;</p><p><br></p><p>Last up, <strong>BT (BT)</strong>. The business's revenue declined year-on-year, but both Ebitda and normalised free cash flow were on the rise. Dan Jones and Mark Robinson unpack what’s been going on at the company.&nbsp;</p><p><br></p><p><strong>Timestamps</strong></p><p><strong>1:25</strong> Pets at Home</p><p><strong>14:31</strong> 25 years of volatility</p><p><strong>23:14</strong> BT</p><p><br></p><p><strong>More on these topics&nbsp;</strong></p><p><br></p><p><a href=\"https://www.investorschronicle.co.uk/content/a971471c-bebd-470f-be44-ee5f4515358e\" rel=\"noopener noreferrer\" target=\"_blank\">Pets at Home boosted by higher-margin vet services</a></p><p><br></p><p><a href=\"https://www.investorschronicle.co.uk/content/7e1c2715-e3c8-44f7-97ea-f3a34ef024ed\" rel=\"noopener noreferrer\" target=\"_blank\">Investing lessons from the past 25 years</a></p><p><br></p><p><a href=\"https://www.investorschronicle.co.uk/content/d21f6828-ad05-48a0-b35a-63b9430298a3\" rel=\"noopener noreferrer\" target=\"_blank\">BT’s rationalisation boosts cash flows</a></p><p><br></p>","author_name":"Investors' Chronicle"}