Trade Genuit Group - GENG CFD

Trading Conditions

• TypeThis financial market is available for CFD trading.Learn more about:CFDs: CFD
• Spread: 0.01942
• Long position overnight funding adjustmentLong position overnight funding adjustmentMargin. Your investment£1,000.00Overnight funding adjustmentCharges from full value of position-0.02196 %(-£4.39)Trade size with leverage ~ £20,000.00Money from leverage ~ $£19,000.00Go to platform: -0.02196%
• Short position overnight funding adjustmentShort position overnight funding adjustmentMargin. Your investment£1,000.00Overnight funding adjustmentCharges from full value of position0.00005 %(£0.01)Trade size with leverage ~ £20,000.00Money from leverage ~ $£19,000.00Go to platform: 0.00005%
• Overnight funding adjustment time: 22:00 (UTC)
• Currency: GBP
• Min traded quantity: 1
• Margin: 5.00%
• Stock exchange: Great Britain
• Commission on trade: 0%
• Guaranteed stop premiumA guaranteed stop-loss (GSL) fee is only charged if the GSL is triggered. Please consult the Charges and Fees section of our website for more details.: 1%

• Margin. Your investment: £1,000.00
• Overnight funding adjustmentCharges from full value of position: -0.02196 %
  (-£4.39)

• Margin. Your investment: £1,000.00
• Overnight funding adjustmentCharges from full value of position: 0.00005 %
  (£0.01)

Key Stats

• Prev. Close: 2.69929
• Open: 2.70328
• 1-Year Change: -24.62%
• Day's Range: 2.69729 - 2.75123

Trade Genuit Group - GENG

About Genuit Group PLC

Genuit Group PLC, formerly Polypipe Group plc, is a United Kingdom-based company, which provides sustainable water and climate management solutions for the built environment. The Company offers piping systems for the residential, commercial, civils and infrastructure sectors. It also provides designing and manufacturing of energy ventilation systems in the United Kingdom. It operates facilities and manufactures the range of solutions for heating, plumbing, drainage, and ventilation. The Company primarily targets the United Kingdom and European building and construction markets with a presence in Italy, the Netherlands, Ireland, and the Middle East.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Genuit Group PLC revenues increased 49% to £594.3M. Net income increased from £18.5M to £41M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net income benefited from Interest on Bank Loan decrease of 40% to £2.5M (expense), Other finance charges decrease of 58% to £500K (expense).