Basingstoke-based Genus has reported a strong first half of FY26, with adjusted profit before tax is expected to come in at around £50 million, ahead of its own expectations. 

Including a £5.6m milestone payment linked to its China porcine joint venture, adjusted profit before tax for the six months to 31st December 2025 is expected to be around £55.6m. 

The listed animal genetics group said it now expects full-year FY26 adjusted profit before tax (excluding the milestone payment) to be moderately above the top end of current market forecasts. 

The update comes after the joint venture received regulatory approval in December, triggering the final $7.5m payment from partner BCA.