Genuit profits grow in year of 'significant strategic progress'
12th Mar 2024 08:06
(Sharecast News) - Plastic piping systems business Genuit said on Tuesday that profits had grown in what was a year of "significant strategic progress".
Read moreLondon close: Stocks maintain gains on cooler inflation reading
15th Nov 2023 14:21
(Sharecast News) - London markets closed positively on Wednesday after a larger-than-anticipated decline in UK inflation sparked optimism about potential interest rate cuts.
Read moreGenuit appoints Tim Pullen as CFO
1st Nov 2023 08:10
(Sharecast News) - Plastic piping systems manufacturer Genuit said on Wednesday that it had appointed Tim Pullen to take over as chief financial officer with immediate effect.
Read moreUK construction tough but buying opportunities exist, says Berenberg
4th Sep 2023 08:03
(Sharecast News) - Broker Berenberg expects the UK construction market to flatline in 2024 before returning to growth, and highlighted a number of key buying opportunities for investors.
Read moreDirector dealings: Kenmare directors, Genuit chairman invest in firms
16th Aug 2023 10:11
(Sharecast News) - Kenmare Resources was on the top of the list of director buys on Wednesday, after two of its directors were linked to share purchases.
Read moreGenuit confident in full-year outlook after revenue slip
15th Aug 2023 07:44
(Sharecast News) - Water, climate and ventilation solutions specialist Genuit Group reported a 4.2% decrease in first-half revenue on Tuesday, to £304.8m, although it remained confident in its full-year outlook.
Read moreGenuit shares spike on improved earnings guidance
18th May 2023 09:07
(Sharecast News) - Shares in Genuit Group spiked almost 8% on Thursday as the plastic pipe and ventilation products maker said annual earnings would be slightly ahead of consensus.
Read moreGenuit COO to step down
5th Apr 2023 09:20
(Sharecast News) - Piping systems manufacturer Genuit revealed on Wednesday that chief operating officer Matt Cullen will step down from the board on 28 April.
Read moreBerenberg reiterates 'buy' rating on Genuit
16th Mar 2023 14:57
(Sharecast News) - Analysts at Berenberg reiterated their 'buy' rating on construction products firm Genuit on Thursday but acknowledged that the group was now "navigating a tough 2023".
Read moreGenuit FY profits drop as margin contraction offsets revenue growth
14th Mar 2023 09:13
(Sharecast News) - Piping manufacturer Genuit said on Tuesday that full-year profits had slumped despite reporting a modest uptick in revenues.
Read moreGenuit maintains guidance despite lower HY profit
16th Aug 2022 07:17
(Sharecast News) - Pipe maker Genuit reported a fall in interim profits but maintained full-year guidance as revenues rose during the period due to a strong UK housing market.
Read moreGenuit FY underlying profits seen in line with consensus estimates
19th May 2022 08:02
(Sharecast News) - Piping systems manufacturer Genuit said on Thursday that its year-to-date performance was in line with expectations, with underlying operating profits expected to be consistent with current full-year consensus estimates of £107.0m.
Read moreGenuit sees lower margins in H2 as inflation bites; Holds guidance
16th Nov 2021 08:29
(Sharecast News) - Plastic pipe maker Genuit said operating margins in the second half would be lower due to the impact of inflationary pressures as it maintained full-year guidance.
Read moreDeutsche Bank raises target price on Genuit
18th Aug 2021 15:09
(Sharecast News) - Analysts at Deutsche Bank raised their target price on plastic piping manufacturer Genuit from 653.0p to 708.0p on Wednesday, citing the group's "strong" first-half performance.
Read moreGenuit lifts FY expectations as acquisitions boost interim profits
17th Aug 2021 07:38
(Sharecast News) - Water pipe and ventilation group Genuit lifted full-year guidance after reporting higher interim profits were boosted by acquisitions.
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