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Genus PLC (LSE:GNS) said full-year profit is set to beat market expectations after stronger second-half trading and cash proceeds from its Chinese porcine joint venture strengthened the animal genetics group's balance sheet. Adjusted profit before tax for the year ended 30 June is expected to be approximately £98 million, ahead of the company-compiled consensus range of £94.3 million to £96.9 million.
JAIPUR, India, March 2, 2026 /PRNewswire/ -- Genus Power (NSE: GENUSPOWER) (BSE: 530343), India's leading end-to-end energy measurement and advanced metering solutions provider, has crossed a significant milestone of over 26 million smart meter deployment worldwide, reinforcing its position as a trusted technology and execution partner for utilities worldwide. A key driver of this global milestone has been Genus Power's leadership role in India's national grid modernization programme, where the company has now successfully achieved the milestone of installation of over 10 million smart meters as the leading AMI Service Provider.
Genus plc (GENSY) Q2 2026 Earnings Call Transcript
Genus PLC (LSE:GNS) should be a FTSE 100 company by the end of the decade, according to house broker Panmure Liberum. In a recent update, the animal genetics group revealed that trading conditions had remained stronger for longer than anticipated, particularly in the PIC pork division.
Genus PLC (LSE:GNS) has had its price target raised to 3300p from 3100p by Deutsche Bank, which reiterated a 'buy' rating after a pre-close update pointed to continued strong trading in its PIC division. The company reported robust performance at PIC in both China and Latin America in the first half of its 2026 financial year.
British animal genetics company Genus expects to report full-year adjusted pretax profit "moderately above" the upper end of current market expectations, sending its shares as much as 15.3% higher on Friday.
Genus PLC (LSE:GNS) shares were up 10% at 2,900p on Friday morning, valuing the business at about £1.9 billion, as analysts digested a trading update that came in ahead of expectations and prompted a fresh round of upgrades. The company said earlier on Friday that adjusted profit before tax for the first half of its financial year is expected to be about £50 million.
Genus plc (OTCMKTS:GENSF - Get Free Report) shares were up 5.1% during mid-day trading on Monday. The company traded as high as $35.00 and last traded at $35.00. Approximately 145 shares were traded during trading, a decline of 90% from the average daily volume of 1,526 shares. The stock had previously closed at $33.29.
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