Shares of Leeds-based piping and ventilation systems firm Genuit Group plc — formerly called Polypipe Group — rose as much as 9% on Tuesday after it said its 2025 revenue rose 7.3% to £602.1 million, including contribution from the acquisitions of Monodraught and Davidson Holdings.

Profit before tax rose 25.7% to £58.2 million. Total dividend per share of 12.9p is an increase of 3.2%.

Genuit Group CEO Joe Vorih said: “Genuit has again demonstrated its ability to grow and outperform in challenging markets. Against a backdrop of subdued market activity, we delivered organic revenue growth, driven by the adoption of new solutions in structurally attractive segments and targeted market share gains.

“We grew underlying profits year-on-year despite cost headwinds from National Insurance and National Living Wage increases. This reflects operational actions taken through the year, the growing impact of the Genuit Business System, and the contribution from recent bolt-on acquisitions. As expected, Group underlying margin strengthened in the second half.

“Our strategy remains unchanged despite uncertain market conditions. We remain focused on operational excellence, exposure to sustainability-led growth drivers and disciplined, strategic bolt-on M&A. With a resilient portfolio, cash generative model and a strong balance sheet, we are well positioned to continue outperforming through the cycle.”