Genuit Group Plc · LSE:GEN
Genuit — H1 2025 Earnings Presentation
30 slides from Genuit's earnings presentation, Aug 12, 2025
Slide 1: 2025 Half Year Results Presentation
Genuit Group plc 1 2025 Half Year Results Presentation 12 August 2025
Slide 2: Disclaimer
Disclaimer The information contained in this presentation has not been independently verified and this presentation contains various forward-looking statements that reflect management’s current views with respect to future events and financial and operational performance. The words “growing”, “scope
Slide 3: Agenda
Agenda Joe Vorih CEO Introduction Joe Vorih, CEO Tim Pullen Financial Results Tim Pullen, CFO CFO Strategic Progress Joe Vorih, CEO and Outlook Q&A 3
Slide 4: Revenue and profit growth, full year expectations maintained
Genuit Group 2025 H1 Results Revenue and profit growth, full year expectations maintained ▪ Outperformance against a flat market that remains challenging ▪ Revenue growth from adoption of new solutions and targeted market share gains ▪ Profit growth despite increased NI and NMW* costs ▪ Increased di
Slide 5: Financial Results
Financial Results Tim Pullen CFO 5
Slide 6: Financial Highlights
Genuit Group 2025 H1 Results Financial Highlights Cash Revenue EBIT EBIT Margin DPS Leverage Conversion £297.8m £44.6m 15.0% 65.1% 4.2p 1.0 Up Up Down Down Up Down 9.3% 2.3% 100bps 34.4pps 0.1p 0.1x New solutions Continued Increased NI Return to Delivering Provides and targeted strong and NMW normal
Slide 7: Summary P&L
Genuit Group 2025 H1 Results Summary P&L Revenue and profit growth £m H1 2025 H1 2024 Change ▪ Adoption of new solutions and Revenue 297.8 272.4 9.3% targeted share gains contributing to Cost of sales (167.1) (150.5) 11.0% 6.1% like-for-like growth Gross profit 130.7 121.9 7.2% Gross margin 43.9% 44
Slide 8: Financial Results- Revenue
Genuit Group 2025 H1 Results Financial Results- Revenue Continued benefits from a diversified portfolio Group Revenue H1 25 Revenue Breakdown 1.3% £m 10.5% 29.4% H1 25 297.8 22.7% 39.4% 40.4% 27.4% 28.9% H1 24 272.4 UK New Build UK RMI CMS WMS SBS Other UK Non-Housing * International 8 * Non-Housing
Slide 9: Business Units Overview H1 2025
Genuit Group 2025 H1 Results Financial Results Business Units Overview H1 2025 13.7% Revenue (£m) Underlying Operating Profit (£m) 8.8 297.8 -0.5 15.9% 8.1 9.0 4.6 0.0 44.6 43.6 0.2 272.4 -3.8 16.0% 15.0% H1 2024 CMS WMS SBS Other H1 2025 H1 2024 CMS WMS SBS Other H1 2025 9
Slide 10: Climate Management Solutions (CMS)
Genuit Group 2025 H1 Results Financial Results Climate Management Solutions (CMS) £m ▪ 7.9% like-for-like revenue growth H1 13.8% 12.1 ▪ Strong growth in residential 2025 87.6 ventilation including strong sales into newbuild H1 15.1% 11.9 ▪ Solid performance at Adey 2024 78.6 ▪ Continued softness in
Slide 11: Water Management Solutions (WMS)
Genuit Group 2025 H1 Results Financial Results Water Management Solutions (WMS) £m ▪ 2.7% like-for-like revenue growth 4.6% 4.0 H1 ▪ Growth in stormwater attenuation in 2025 86.2 the UK and the Middle East ▪ Strong growth and order intake in H1 10.0% 7.8 blue-green roofs 2024 78.1 ▪ Underlying profi
Slide 12: Sustainable Building Solutions (SBS)
Genuit Group 2025 H1 Results Financial Results Sustainable Building Solutions (SBS) £m ▪ 7.9% like-for-like revenue growth H1 23.4% 28.1 2025 120.2 ▪ Moderate year-on-year growth in new housebuilding H1 21.1% 23.5 ▪ Continued softness in RMI Markets 2024 111.4 ▪ Targeted share gains contributing to
Slide 13: Non-underlying items
Genuit Group 2025 H1 Results Financial Results Non-underlying items £m H1 2025 H1 2024 Non-underlying items: ▪ Non-underlying items down £15.2m Amortisation of intangible assets (7.1) (7.2) before tax Impairment of intangible assets - (12.4) Restructuring costs (0.6) (0.2) ▪ Non-underlying items are
Slide 14: Cashflow
Genuit Group 2025 H1 Results Financial Results Cashflow £m H1 2025 H1 2024 Change EBITDA (before non-underlying items) 59.4 55.2 4.2 ▪ Underlying cash generated from Working capital (20.7) (0.3) (20.4) operations of £38.7m Underlying cash generated from operations 38.7 54.9 (16.2) Capex (12.1) (12.6
Slide 15: Capital Allocation
Genuit Group 2025 H1 Results Financial Results Capital Allocation Maximising value through efficient capital deployment ▪ Continuing to invest in the business Investment in innovation, Organic efficiency and sustainability including £30-£35m capital expenditure for investment to deliver future growt
Slide 16: Strategic Progress & Outlook
Strategic Progress & Outlook Joe Vorih CEO 16
Slide 17: Together, we create sustainable living
Genuit Group 2025 H1 Results Our purpose Together, we create sustainable living 17
Slide 18: Our strategy Sustainable Solutions for Growth
Genuit Group 2025 H1 Results Our strategy Sustainable Solutions for Growth Sustainability Growth Providing the lowest-carbon Focusing on higher-growth, choice for our customers to sustainability-driven markets, maximise exposure to through organic growth and structural growth drivers disciplined M&A
Slide 19: Regulation creating growth opportunities across our portfolio
Regulation creating growth opportunities across our portfolio Key focus on stormwater management, with Genuit AMP8* SAM** of £100m over 5 years WMS Published later in 2025, increasing the addressable Future Homes Standard market for Genuit CMS SBS Genuit’s ventilation products provide solutions to m
Slide 20: Climate Management Solutions
Key achievements H1 25 • Strong sales of MVHR* units with cooling modules and solid demand at Adey thanks to increased boiler installations • Ongoing integration of Omnie, acquired in 2024, and Nu- Heat, with teams now co-located • Continued deployment of GBS and automation focused capex investments
Slide 21: Water Management Solutions
Key achievements H1 25 • Strong growth in stormwater attenuation products and solutions in both the UK and the Middle East • Sky Garden green roof business integration complete with strong order coverage and efficiency improvements Focus areas for H2 25 and 2026 • Cost actions and GBS projects ongoi
Slide 22: Sustainable Building Solutions
Key achievements H1 25 • Targeted market share gains, including the successful bid for combined Barratt and Redrow product ranges and organic growth in offsite fabrication services • Sustainability credentials strengthened with extended range of biodiversity and carbon-saving products • Operating ma
Slide 23: Leveraging GBS for Growth
Genuit Group 2025 H1 Results Leveraging GBS for Growth Rainwater moulded product range How the team used GBS ▪ Polypipe Building Products optimised internal processes to reduce waste and improve machine effectiveness using GBS tools Productivity gains: ▪ Standard work and Increased Operational ▪ Vis
Slide 24: Leveraging GBS to improve cashflows
Genuit Group 2025 H1 Results Leveraging GBS to improve cashflows Surestop product range How the team used GBS ▪ Adey identified the need to ‘make to-demand’ and used GBS tools ▪ Pull System Inventory Reduction: ▪ Daily Management Surestop finished goods ▪ Workflow visual cards and cues reduced by >5
Slide 25: People & Culture
Key Achievements H1 25 Continued commitment to diversity and inclusion, bringing a competitive advantage • 20.5% of colleagues in Earn and Learn programmes (Gold status in The 5% Club) • 53 colleagues promoted during H1 2025, of which 30% were female • 55% of new senior leader joiners were female On
Slide 26: Outlook
Outlook ▪ Underlying operating profit expected to be in-line with consensus ▪ The external environment remains challenging and increases in market volumes are not expected this year ▪ Underlying EBIT margin to increase sequentially in H2 driven by management actions taken ▪ The Group has strong oper
Slide 27: Q&A
Genuit Group plc 2025 Half Year Results Presentation Q&A 12 August 2025
Slide 28: Appendix
WP cenuit Group Appendix 12 August 2025
Slide 29: Our Investment Case
Genuit Group 2025 H1 Results Our Delivering compound earnings growth from Investment Case sustainability-driven growth markets Operating in built Differentiated, Leading positions Margin expansion Opportunity to Highly cash environment innovative, low - across diverse potential, including expand sol
Slide 30: Cash conversion % pre capex
Genuit Group 2025 H1 Results Financial Results Cash conversion % pre capex * Operating cash conversion pre capex is defined as operating cashflow pre capex and lease liabilities divided by underlying EBITDA 30