Genus Plc - Company Profile
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Business Description
Genus Plc (Genus) is an animal genetics company. The company breeds and distributes the genes of the pigs and bulls. It sells them under well-known trademarks: PIC for pigs and ABS for dairy and beef cattle. The company applies quantitative genetics and biotechnology to animal breeding in two sectors, namely, Bovine (Genus ABS) and Porcine (Genus PIC).
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R&D Overview
Genus focuses on advancing animal breeding through applied biotechnology and quantitative genetics. The company employs non-genetically modified organism technology in the bovine and porcine farming sectors. It conducts bovine product development programs and porcine development programs to offer better solutions related to bovine and porcine business. The company’s bovine product development program focuses on the creation of bulls to meet the requirements of cattle farming customers. Its porcine development program focuses on improvement in genetics in the company’s pure lines of animals, which helps in the creation of boars and gilts to meet the supply of agricultural quantities of pure-bred and cross-bred animals for sales. It carries out pure line development efforts through two nucleus herd facilities in Canada and the US. It has R&D laboratories in Madison, Wisconsin, the US. In FY2023, the company spent GBP86.3 million on its R&D activities, which as a percentage of its sales stood at 12.5% and grew 28.6% YoY.
Business Segments
Overview
Engaged in the bovine genetics business. Genus ABS is one of the leading cattle breeding businesses in the world. Operates wholly-owned bovine businesses in the US, the UK, Canada, Brazil, Chile, India and China. Sells bull semen and embryos to farmers to breed beef and dairy cattle through artificial insemination, for the production of beef and milk. Also, provides in vitro fertilization (IVF) services through its subsidiary, In Vitro Brazil. Has animals in bovine studs in the US, Canada, the UK, Italy, Brazil, Australia, and India.
Performance
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Overview
Sells global porcine. Provides genetically superior sows, boars, and semen, to raise pigs with desirable characteristics for pork production. Also offers technical support for maximizing genetic potential to commercial pork producers.
Performance
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Overview
-Involved in porcine and bovine product development, gene editing, and other research and development. -Intends to strengthen its proprietary genetics and increase its capability for future growth.
Performance
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Geographical Segments
Performance
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Performance
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Performance
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Performance
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Performance
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