Story perspectives
Genus PLC Shares Soar 21% After Strong Profit Forecast
1/16/2025
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Story summary
- Genus PLC, the innovative biotechnology firm from Basingstoke, England, has announced impressive first-half results for financial 2025, projecting an adjusted pre-tax profit of at least £35 million—well above market expectations. This news sent shares soaring by 21% to 1,718 pence, fueled by robust growth in its bovine and porcine genetics sectors, positioning the company for a strong full-year performance.
