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Leading International Investment Research, Edison Investment Research

Equity Bottom-Up

<p>FY21 has started well both in underlying terms and for recent acquisitions, especially Adey. Genuit is strategically well positioned given regulatory and environmental drivers in its markets, and the proposed management transition is being well flagged in advance. A strong expected earnings recovery from a COVID-19 affected FY20 is being reflected in support for Genuit’s share price.</p>

FY21 has started well both in underlying terms and for recent acquisitions, especially Adey. Genuit is strategically well positioned given regulatory and environmental drivers in its markets, and the proposed management transition is being well flagged in advance. A strong expected earnings recovery from a COVID-19 affected FY20 is being reflected in support for Genuit’s share price.

Genuit Group - Positive trading momentum continues ytd

Polypipe

Genuit Group - Positive trading momentum continues ytd