Read more in our 2025 Annual Report and Accounts to see how we help create a better, more sustainable built environment by developing and producing sustainable solutions for the key challenges faced in water, climate and ventilation management within the construction industry.

Leadership statements

Joe Vorih, CEO.

Joe Vorih, CEO summary video

Kevin Boyd sat at table.
"The hard work, loyalty and dedication of our colleagues across the Group has been instrumental in driving our performance."

Kevin Boyd

Chair

Download our Chair's statement here
Tim Pullen sat at table.
"In 2025, the Group delivered organic revenue growth, driven by the adoption of new solutions in structurally attractive segments and targeted market share gains."

Tim Pullen

CFO

Download our CFO report here

Highlights of the year

Financial highlights

REVENUE
£602.1m +7.3%
622.2
2022
586.5
2023
561.3
2024
602.1
2025
UNDERLYING OPERATING PROFIT
£94.4m +2.4%
98.2
2022
94.1
2023
92.2
2024
94.4
2025
PROFIT BEFORE TAX
£58.2m +25.7%
45.4
2022
48.4
2023
46.3
2024
58.2
2025
UNDERLYING OPERATING MARGIN
15.7% -70 bps
15.8
2022
16.0
2023
16.4
2024
15.7
2025
DIVIDEND PER SHARE
12.9p +3.2%
12.3
2022
12.4
2023
12.5
2024
12.9
2025
UNDERLYING OPERATING CASH CONVERSION¹
102.0% -560 bps
84.0
2022
103.6
2023
107.6
2024
102.0
2025
NET DEBT
£208.1m +61.1%
166.2
2022
149.3
2023
129.2
2024
208.1
2025
CASH GENERATED FROM OPERATIONS
£144.1m -1.2%
93.9
2022
109.7
2023
115.5
2024
114.1
2025

Non-financial highlights

CARBON INTENSITY
0.105tCO₂e/t
0.136
2022
0.140
2023
0.124
2024
0.105
2025
SCOPES 1, 2 & 3: CATEGORY 1 CARBON
-9.9% -340 bps
9.6
2022
-33.0
2023
-6.5
2024
-9.9
2025
ELECTRICITY SOURCED FROM RENEWABLE SOURCES
98.7% +240 bps
91.0
2022
90.7
2023
96.3
2024
98.7
2025
THE 5% CLUB
18.9% +40 bps
3.5
2022
8.2
2023
18.5
2024
18.9
2025
USE OF RECYCLED POLYMERS
50.6% ² -140 bps
48.7
2022
49.2
2023
52.0
2024
50.6
2025
VITALITY INDEX²
16.4% -160 bps
24.7
2022
21.5
2023
18.0
2024
16.4
2025

Sustainability

Sustainability is at the heart of our business.

Climate change

We are committed to reducing the greenhouse gas emissions from our operations and products, by focusing on reducing overall emissions without resorting to carbon offsetting and reaching net-zero by 2050.

Find out more about climate change
Circular economy

We want to continue to lead the industry in our usage of recycled polymers, as well as a focus on reducing our own waste, to become a zero-to-waste operation.

Find out more about circular economy
Sustainable solutions

Given our focus on growth drivers are linked to the sustainability agenda, we recognise that these challenges will only be met by developing new products, produced in the most sustainable ways.

Find out more about sustainable solutions
Our people

We recognise the contribution that a diverse group of colleagues contributes to the achievement of our goals. We also believe that providing development pathways in the workplace is a key enabler of social mobility.

Find out more about our people

A purpose-led business

together

Together

 

We leverage the collective strength of our Group by collaborating across teams, brands and businesses to achieve optimal outcomes. By drawing on our shared expertise, we provide high-quality results for our customers.

wecreate

We create

 

We are committed to innovation that advances sustainability across the built environment. By embedding creativity and ingenuity into our activities, we are driving progress for our customers, our industry and the communities we serve.

sustainableliving

Sustainable living

 

For us, sustainability is not optional, it is fundamental. It drives innovation, informs decision-making and positions us to lead the way on delivering resilient, future-ready solutions across the built environment.

Investment case

Delivering compound earnings growth through sustainability-driven growth markets, margin expansion and effective capital allocation.

Read more

Our stakeholders

Effective engagement with our stakeholders is crucial for building strong, effective and mutually beneficial relationships for the long term.

Bronagh Kennedy and Kevin Boyd chatting to engineers.
Read more

Our people

At Genuit, we believe that an inclusive and diverse workforce is a competitive advantage. By investing in, and creating, an open and encouraging culture across the Group that celebrates our differences, we bring out the best in our people.

Woman smiling next to a Polypipe truck.
Read more