Genuit Group ( (GB:GEN) ) just unveiled an update.
Genuit Group reported a resilient performance for the year ending December 2024, despite a 4.3% decline in revenue to £561.3 million. The company achieved margin improvements and strong cash generation through productivity gains and strategic acquisitions. The integration of Sky Garden and Omnie & Timoleon has expanded their solution offerings, while the Genuit Business System has driven operational efficiencies. Although the market faced challenges, signs of stabilization were observed in the latter half of 2024, and the company remains optimistic about future growth prospects, supported by the UK’s infrastructure and housing investment needs.
More about Genuit Group
Genuit Group plc is the UK’s largest provider of sustainable water, climate, and ventilation solutions for the built environment. The company focuses on delivering products and services that cater to the needs of infrastructure and housing, with a strong emphasis on sustainability and innovation.
YTD Price Performance: -8.34%
Average Trading Volume: 771,506
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £888.8M
See more data about GEN stock on TipRanks’ Stock Analysis page.