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Pig breeding delivers the goods but dairy prices dampen spirits at Genus

Pig breeding delivers the goods but dairy prices dampen spirits at Genus

Rising research and development costs sent half-year adjusted pre-tax profit down a tenth at animal genetics group Genus (GNS). Top-line growth wasn't as good as first thought, either. Although group revenue rose 3 per cent at constant currencies, performance at the ABS bovine business fell short of management's expectations.

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