Genuit Group (GEN)

Sector:

Construction and Building Materials

Index:

FTSE 250

278.00p
   
  • Change Today:
    -2.00p
  • 52 Week High: 502.00
  • 52 Week Low: 252.50
  • Currency: UK Pounds
  • Shares Issued: 249.17m
  • Volume: 46,914
  • Market Cap: £692.69m
  • RiskGrade: 82

Genuit sees lower margins in H2 as inflation bites; Holds guidance

By Frank Prenesti

Date: Tuesday 16 Nov 2021

LONDON (ShareCast) - (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.
The company said it had "acted decisively" to counter ongoing cost inflation in the second half, and although pricing actions have been taken, "the normal lag effect means that the operating margin for the second half of the year will be lower than H1 2021".

"Margins are expected to recover in early 2022 as those lag effects work through. Our businesses continue to experience supply chain issues and we are working hard to mitigate the impacts on performance, particularly in our Climate and Ventilation division," Genuity added.



The company still expects annual profit to be within the range of analyst expectations of £92.5m - £95.9m. Revenue for the four months to October 31 rose 31.1% year on year to £207.6m.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Genuit Group Market Data

Currency UK Pounds
Share Price 278.00p
Change Today -2.00p
% Change -0.71 %
52 Week High 502.00
52 Week Low 252.50
Volume 46,914
Shares Issued 249.17m
Market Cap £692.69m
RiskGrade 82

Genuit Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
43.61% below the market average43.61% below the market average43.61% below the market average43.61% below the market average43.61% below the market average
71.43% below the sector average71.43% below the sector average71.43% below the sector average71.43% below the sector average71.43% below the sector average
Price Trend
60.69% below the market average60.69% below the market average60.69% below the market average60.69% below the market average60.69% below the market average
90.48% below the sector average90.48% below the sector average90.48% below the sector average90.48% below the sector average90.48% below the sector average
Income
43.45% above the market average43.45% above the market average43.45% above the market average43.45% above the market average43.45% above the market average
41.18% below the sector average41.18% below the sector average41.18% below the sector average41.18% below the sector average41.18% below the sector average
Growth
2.53% above the market average2.53% above the market average2.53% above the market average2.53% above the market average2.53% above the market average
31.71% below the sector average31.71% below the sector average31.71% below the sector average31.71% below the sector average31.71% below the sector average

What The Brokers Say

Strong Buy 5
Buy 0
Neutral 3
Sell 0
Strong Sell 0
Total 8
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Genuit Group Dividends

  Latest Previous
  Final Interim
Ex-Div 20-Apr-23 01-Sep-22
Paid 24-May-23 28-Sep-22
Amount 8.20p 4.10p

Trades for 31-Mar-2023

Time Volume / Share Price
11:00 202 @ 278.00p
11:00 176 @ 278.00p
11:00 576 @ 278.50p
11:00 172 @ 278.50p
11:00 1,195 @ 278.50p

Genuit Group Key Personnel

CFO Paul James
Chair Kevin Boyd
COO Matt Pullen
CEO Joe Vorih

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