US court rules on damages for Genus technology infringements
11th Sep 2019 07:41
(Sharecast News) - Genus on Wednesday said a US court had ruled on damages over infringement of two bull semen sexing patents sold by ABS Global under the Intelligen brand.
Read moreGenus technology ruled to be in breach of three US patents
10th Sep 2019 10:17
(Sharecast News) - Genus confirmed on Tuesday that a US court had ruled that its sexing semen technology infringed three patents asserted by Inguran, LLC and Cytonome/ST.
Read moreGenus profits rise as bovine revenue grows
5th Sep 2019 09:18
(Sharecast News) - Animal genetics company Genus posted an increase in full-year profit and revenue on Thursday despite the challenges caused by the spread of African Swine Fever (ASF).
Read moreGenus promotes FD Stephen Wilson to role of CEO
22nd Aug 2019 08:10
(Sharecast News) - Animal genetics company Genus has promoted group finance director Stephen Wilson to the role of chief executive.
Read moreGenus shares shoot higher on China collaboration
16th May 2019 11:06
(Sharecast News) - Shares in Genus surged on Thursday after the animal genetics company announced a strategic porcine collaboration in China, the world's largest pork market.
Read moreGenus swings to loss after being hit by pension charges
28th Feb 2019 10:56
(Sharecast News) - Genus on Thursday confirmed that it swung to an interim loss as revenue remained flat as the livestock genetics specialist was hit by non-cash accounting charges and the effects of the rapid spread of African Swine Fever in China.
Read moreGenus raises £68m in share placing to cut debt, capture opportunities
7th Dec 2018 07:55
(Sharecast News) - FTSE 250 animal genetics company Genus said on Friday that it has raised £68m in a share placing.
Read moreMonday broker round-up
19th Nov 2018 12:13
(Sharecast News) - Sainsbury: Berenberg reiterates buy with a target price of 369p.
Read moreMonday broker round-up
10th Sep 2018 11:48
(Sharecast News) - Glencore: JP Morgan downgrades to neutral with a target price of 370p.
Read moreGenus warns of tough times in short term as adjusted FY profits rise
6th Sep 2018 07:27
(Sharecast News) - Animal biotech firm Genus on Thursday reported a 4% rise in adjusted full year pre-tax profits to £58.5m as it forecast a tough time ahead with trade disputes and the recent spread of African swine fever to China.
Read moreLow demand for bull semen brings reduced profits for Genus
17th Nov 2016 07:36
(ShareCast News) - Bull semen and animal genetics specialist Genus published a trading update to coincide with its AGM on Thursday, covering the period from 1 July to 16 November. The FTSE 250 firm said market conditions for its customers were mixed. "Strong pig production volumes in some markets,
Read moreBroker tips: Genus, RSA, Experian
8th Sep 2016 10:57
(ShareCast News) - Numis placed its rating and target price on Genus 'under review' on Thursday, after the animal genetics company reported its full year results. Genus posted a 7% increase in adjusted pre-tax profit to £49.7m, driven by strong performances in Genus PIC and Genus Asia, particularly
Read moreNumis places Genus 'under review' after FY results
8th Sep 2016 10:15
(ShareCast News) - Numis placed its rating and target price on Genus 'under review' on Thursday, after the animal genetics company reported its full year results. Genus posted a 7% increase in adjusted pre-tax profit to £49.7m, driven by strong performances in Genus PIC and Genus Asia, particularly
Read moreGenus FY profit nudges up but revenue slips on lower bovine volumes
8th Sep 2016 07:34
(ShareCast News) - FTSE 250 animal genetics company Genus posted an increase in pre-tax profit for the year to the end of June despite a small drop in revenue. Adjusted pre-tax profit was up 7% to £49.7m, driven by strong performances in Genus PIC and Genus Asia, particularly China. Statutory pre-t
Read moreThursday preview: Genus reports full year results in wake of cow semen lawsuit
7th Sep 2016 12:33
(ShareCast News) - FTSE-250 listed animal genetics company Genus reports its full year results on Thursday in the wake of its cow semen court case. Genus was in August was ordered by the US District Court of Wisconsin to pay at least $2m to Sexing Technologies after being found it was in infringemen
Read more