X
Register for free to receive latest news stories direct to your inbox
Register
Genuit Group has trimmed its full-year profit guidance as customers delay purchasing ahead of UK Budget.
The Leeds-based provider of sustainable water, climate and ventilation products reported a 7.1% rise in revenue for the four months to 31 October 2025, or 3.7% on a like-for-like basis. Group sales for the ten-month period reached £511.1m, up 8.4% year-on-year.
Chief executive Joe Vorih said the business had continued to take market share in “persistently challenging” conditions, highlighting improving margins and strong strategic execution, including two September acquisitions – Monodraught and Davidson Holdings – expected to add more than £55m of revenue next year.
However, softer market volumes since the summer have prompted Genuit to narrow its full year underlying operating profit outlook to between £92m and £95m. Vorih pointed to “purchasing uncertainty” driven by the economic backdrop and the impending Budget, though he noted sequential margin improvement in the second half thanks to pricing gains, the Genuit business system and ongoing cost efficiencies.
Shares in Genuit slipped 1.4% in early trading to 350p in early trading.
Across the group, climate management solutions delivered £149.5m of year-to-date revenue, buoyed by robust demand for residential ventilation. Water management solutions posted £147.7m, supported by continued momentum in blue-green roofing specialist Sky Garden. Sustainable building solutions achieved £208m, bolstered by competitor withdrawal in the drainage market and new volume wins with Barratt Redrow.
Vorih said Genuit remains “hopeful” the forthcoming Budget will signal policy support for the construction sector, adding that the group is well positioned to respond quickly if activity accelerates.
With a strong balance sheet and “continued robust cash generation,” Genuit said it will remain disciplined but active in pursuing further M&A opportunities, while targeting higher-growth sustainability-linked segments and preparing for an eventual market recovery.
The Leeds-based provider of sustainable water, climate and ventilation products reported a 7.1% rise in revenue for the four months to 31 October 202
Click here to sign up to receive our new South West business news…
