Genus shares surge on fiscal 2026 adjusted pre-tax profit outlook

Genus

19/11/2025 09:10

** Shares of animal genetics firm Genus GNS.L up 6.7% at 2,535p

** Stock top gainer on FTSE mid-cap .FTMC, which is up 0.11%

** Expects fiscal 2026 adjusted pre-tax profit to be slightly above midpoint of market expectations of between 77.6 million pounds to 85 million pounds ($101.85 million to $111.56 million), with an average midpoint of 80.5 million pounds, according to a company poll

** Says porcine genetics division PIC logged adjusted operating profit growth in the four months ended October 31, helped by revenue growth in China

** Co expects its underperforming bovine genetics arm, ABS Global, to "step up in performance" in H2

** YTD, GNS stock had risen 62.90%

($1 = 0.7619 pounds)

 (Reporting by Tuhina in Bengaluru)

 ((Tuhina@thomsonreuters.com))