Genuit Group

Solid start to the year with full year outlook unchanged

  • Sectors : Building products
  • Companies : Genuit Group

Ratings and price correct at time of issue.

  • Genuit Group

    Closing Price: 402p

  • RATING 05/11/21

  • PREVIOUS RATING N/A

DAVY VIEW

Genuit has reported a solid start to 2025 and its full year outlook has been maintained. Like its sector peers, revenues are rising once again, albeit helped by a soft comparator thus far this year. The stock has edged up 3% year to date, but we believe it will continue to struggle to make meaningful progress while profits remain rangebound.

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May 19 2025, 07:48 IST/BST

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