As a result of Genus's strong earnings growth and cash flow generation, the Board has declared an interim dividend of 9.4 pence per share, up 6% on last year's interim dividend, which is payable on 2 April 2020 to shareholders on the register at 6 March 2020.
Other financial highlights include:
Excellent performance in PIC with revenue up 15%; royalty revenues grew 9% with growth in all regions
High breeding stock sales in China drove PIC volume growth of 18%, 7% excluding China
Strong ABS revenue growth of 10%, driven by sexed genetics, up 48%
ABS volume growth of 9%, with sexed genetics up 56% and beef up 16%