Genus PLC (FRA:GBE)
€ 21 -1.6 (-7.08%) Market Cap: 1.43 Bil Enterprise Value: 1.72 Bil PE Ratio: 36.48 PB Ratio: 2.14 GF Score: 79/100
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Half Year 2024 Genus PLC Earnings Call Transcript

Feb 22, 2024 / 07:01AM GMT
Release Date Price: €21.24 (+1.14%)
Jorgen Kokke Genus plc;CEO

Good morning, everyone, and thank you for joining us today. I am Jorgen Kokke, and I am the CEO of Genus plc. Today, we'll be reviewing our FY24 interim results covering the six-month period to December 2023.

I will start off by giving an overview of our markets over the period and the actions we are taking on our strategic priorities. Alison will then take you through the half year financials before turning it back to me to provide more details on the progress we are making on each of our strategic priorities and the outlook for the remainder of the fiscal year.

In November, at our Capital Markets Day, I shared our four strategic priorities. These remain our focus, and we are accelerating their delivery. Our first priority is that we continue to grow porcine with more stable growth from China.

Here, I want to remind you of the resiliency of our PIC ex-China business, which continues to grow through gaining market share despite challenging market conditions. In China, despite these conditions, we are making commercial progress winning new

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