Partnering with producers

During our last financial year, progress against our strategic objectives included:

CREATE DIFFERENTIATED PROPRIETARY GENETIC SOLUTIONS

  • Accelerated the pipeline of NuEra Genetics beef bulls moving into production for customers
  • Grew demand for polled genetics by marketing our elite products and strengthening the role of these genetics in dairy product development
  • Increased protection of our elite genetics, by ensuring our terms and conditions and customer contracts give us the option to purchase elite progeny
  • Produced our first Wagyu beef calves from embryos, to meet supply chain needs in the UK

SERVE PROGRESSIVE PROTEIN PRODUCERS EFFECTIVELY

  • Increased US sales of Sexcel by 10% and Beef InFocus by 24%, enhancing our share of business with top global producers and continuing our strategic shift from conventional semen
  • Accelerated growth in Asia, with strong Sexcel sales in China (up 53%) and a record year for Australia, with Sexcel up 30% and beef up 43%
  • Began digital sales pilots in EMEA and North America, while expanding digital sales in Latin America to include beef-on-beef alongside dairy genetics
  • Implemented digital service tools as part of our GENEadvance customer genetic testing and services programme, to deliver an industryleading customer digital experience

SHARE IN THE VALUE DELIVERED

  • Expanded our GENEadvance programme through exclusive partnerships with more than 200 herds, where we are rewarded for delivering results aligned with customer goals
  • Strengthened pull-through relationships with major UK retailers, developing and being rewarded for elite beef genetics that meet their specific commercial requirements
  • Conducted two product validation trials in two countries, to demonstrate the superior performance of NuEra Genetics for customers
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