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Intertek Group PLC (ITRK.L)

ITRK.L on London Stock Exchange

5,174.00GBp
23 May 2018
Change (% chg)

-82.00 (-1.56%)
Prev Close
5,256.00
Open
5,252.00
Day's High
5,266.00
Day's Low
5,162.00
Volume
335,852
Avg. Vol
391,826
52-wk High
5,470.00
52-wk Low
4,137.00

Latest Key Developments (Source: Significant Developments)

Intertek Group Says Acquired Acumen Security, LLC​
Wednesday, 13 Dec 2017 

Dec 13 (Reuters) - Intertek Group Plc ::INTERTEK GROUP PLC - ‍ACQUISITION​.ANNOUNCE THAT IT HAS ACQUIRED ACUMEN SECURITY, LLC​.  Full Article

Intertek says on track to deliver 2017 targets of organic revenue growth
Tuesday, 21 Nov 2017 

Nov 21 (Reuters) - INTERTEK GROUP PLC ::FY REVENUE 2.304 BILLION STG.‍IN FIRST 10 MONTHS OF YEAR, GROUP HAS DELIVERED REVENUE OF £2,304.2M, UP 9.8% YEAR ON YEAR AT ACTUAL RATES​.SAYS CO IS ON TRACK TO DELIVER OUR 2017 TARGETS OF SOLID ORGANIC REVENUE GROWTH AT CONSTANT RATES, WITH ROBUST MARGIN EXPANSION AT CONSTANT CURRENCY AND STRONG CASH CONVERSION​.‍FULL YEAR OUTLOOK FOR PRODUCTS DIVISION REMAINS UNCHANGED AND CONTINUE TO EXPECT TO DELIVER ROBUST ORGANIC REVENUE GROWTH AT CONSTANT CURRENCY​.  Full Article

Intertek Group four-month revenue up 14.2 pct
Friday, 26 May 2017 

May 26 (Reuters) - Intertek Group Plc ::Group revenue of 883.5 mln stg, up 14.2 pct at actual rates and 1.8 pct at constant rates for Jan 1 to April 30.Solid organic revenue growth at constant rates from 1 January to 30 April 2017: products +5.8 pct, trade +5.0 pct, resources -15.4 pct.Good performance of acquisitions in sectors with attractive growth and margin prospects.On track to deliver 2017 targets of solid organic revenue growth at constant rates, with moderate margin expansion, strong cash conversion."Expect our products division to benefit from robust organic revenue growth at constant currency"."Expect our trade related businesses to deliver good organic revenue growth performance at constant currency"."Do not believe that we have reached trough in resources division. We expect trading conditions to remain challenging".Year end net debt guidance of 650 mln stg-700 mln stg, assuming no further acquisitions and no significant forex changes, remains unchanged.  Full Article

Intertek acquires Canada-based cyber security assurance unit
Monday, 3 Oct 2016 

Intertek Group Plc : Acquired ewa- canada from electronic warfare associates inc. .Intertek acquires a leading cyber security assurance business.  Full Article

Intertek H1 revenue rises, sees no Brexit impact on growth opportunities
Monday, 1 Aug 2016 

Intertek Group Plc : H1 double digit revenue growth driven by organic growth and acquisitions . H1 adjusted revenue at £1,203.9m versus £1,060.2m year earlier . H1 double digit profit growth with adjusted EPS up 14.1 [ct . Half year dividend payment of 19.4p, up 14.1 pct . H1 adjusted profit before tax 3 £172.5m versus £149.8m year earlier . We do not believe that outcome of referendum will impact future growth opportunities of Intertek . On track to deliver our full year targets - CEO . Foreign exchange impact for Intertek relates to translation. In 2015, 92 pct of group revenues were generated outside UK .On track to deliver robust full year revenue growth at constant currency.  Full Article

UPDATE 1-Testing firm Intertek's revenue rises on products unit strength

May 24 British testing company Intertek Group reported a 4.4 percent rise in revenue at constant currency in the first four months of the year, helped by growth in its products division and contributions from recent acquisitions.