Genus comes in on track
Genus, the global animal genetics company, said its full year figures would be in line with expectations after a good performance over the last two months.
Genus, the global animal genetics company, said its full year figures would be in line with expectations after a good performance over the last two months.
The company said pricing had remained firm, with adjusted operating profit improving in line with expectations despite increasing investment in research and growing its management teams.
Profits had improved strongly in Asia, particularly in Russia and China, and in Latin America, it said.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Going forward, the firm expects strong growth in emerging markets, particularly in China.
The group's businesses in North America also performed well due to cost controls and improved royalty income offsetting softness there.
Europe had performed broadly in line with the prior year, it added.
Sign up for MoneyWeek's newsletters
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
-
Average earners now face £200,000 inheritance tax bill - how much will your estate owe?
‘Double whammy’ of inheritance tax changes means even the estates of those earning the average UK wage could face bills, not just the very wealthy
-
Are the wealthy dodging more tax than previously thought?
A new report suggests tax non-compliance among the wealthy could be worse than previously imagined. Is an overly complex system partly to blame?