Davy Morning Equity Briefing

Sep 08, 2026

Genus plc

Coded for growth: initiating on Genus

GNS LN update issued on 07/09/26

Uniphar

H1 2026 results reflect 11% EPS growth

Uniphar provided a lot of the details on its H1 results in its July trading update. EPS growth of 11% is the standout metric, driven by strong organic growth in gross profit. The company is well positioned to achieve consensus EPS forecasts for FY2026. We leave our forecasts unchanged for now but see further upside.