Financial Express (Holdings) Limited (“we”, “our”, “us” and derivatives) are committed to protecting and respecting your privacy. This Privacy Policy, together with our Terms of Use, sets out the basis on which any personal data that we collect from you, or that you provide to us, will be processed by us relating to your use of any of the below websites (“sites”).

  • FEAnalytics.com
  • FEInvest.net
  • FETransmission.com
  • Investegate.co.uk
  • Trustnet.hk
  • Trustnetoffshore.com
  • Trustnetmiddleeast.com

For the purposes of the Data Protection Act 1998, the data controller is Trustnet Limited of 2nd Floor, Golden House, 30 Great Pulteney Street, London, W1F 9NN. Our nominated representative for the purpose of this Act is Kirsty Witter.

WHAT INFORMATION DO WE COLLECT ABOUT YOU?

We collect information about you when you register with us or use any of our websites / services. Part of the registration process may include entering personal details & details of your investments.

We may collect information about your computer, including where available your operating system, browser version, domain name and IP address and details of the website that you came from, in order to improve this site.

You confirm that all information you supply is accurate.

COOKIES

In order to provide personalised services to and analyse site traffic, we may use a cookie file which is stored on your browser or the hard drive of your computer. Some of the cookies we use are essential for the sites to operate and may be used to deliver you different content, depending on the type of investor you are.

You can block cookies by activating the setting on your browser which allows you to refuse the setting of all or some cookies. However, if you use your browser settings to block all cookies (including essential cookies) you may not be able to access all or part of our sites. Unless you have adjusted your browser setting so that it will refuse cookies, our system will issue cookies as soon as you visit our sites.

HOW WE USE INFORMATION

We store and use information you provide as follows:

  • to present content effectively;
  • to provide you with information, products or services that you request from us or which may interest you, tailored to your specific interests, where you have consented to be contacted for such purposes;
  • to carry out our obligations arising from any contracts between you and us;
  • to enable you to participate in interactive features of our service, when you choose to do so;
  • to notify you about changes to our service;
  • to improve our content by tracking group information that describes the habits, usage, patterns and demographics of our customers.

We may also send you emails to provide information and keep you up to date with developments on our sites. It is our policy to have instructions on how to unsubscribe so that you will not receive any future e-mails. You can change your e-mail address at any time.

In order to provide support on the usage of our tools, our support team need access to all information provided in relation to the tool.

We will not disclose your name, email address or postal address or any data that could identify you to any third party without first receiving your permission.

However, you agree that we may disclose to any regulatory authority to which we are subject and to any investment exchange on which we may deal or to its related clearing house (or to investigators, inspectors or agents appointed by them), or to any person empowered to require such information by or under any legal enactment, any information they may request or require relating to you, or if relevant, any of your clients.

You agree that we may pass on information obtained under Money Laundering legislation as we consider necessary to comply with reporting requirements under such legislation.

ACCESS TO YOUR INFORMATION AND CORRECTION

We want to ensure that the personal information we hold about you is accurate and up to date. You may ask us to correct or remove information that is inaccurate.

You have the right under data protection legislation to access information held about you. If you wish to receive a copy of any personal information we hold, please write to us at 3rd Floor, Hollywood House, Church Street East, Woking, GU21 6HJ. Any access request may be subject to a fee of £10 to meet our costs in providing you with details of the information we hold about you.

WHERE WE STORE YOUR PERSONAL DATA

The data that we collect from you may be transferred to, and stored at, a destination outside the European Economic Area (“EEA”). It may be processed by staff operating outside the EEA who work for us or for one of our suppliers. Such staff may be engaged in, amongst other things, the provision of support services. By submitting your personal data, you agree to this transfer, storing and processing. We will take all steps reasonably necessary, including the use of encryption, to ensure that your data is treated securely and in accordance with this privacy policy.

Unfortunately, the transmission of information via the internet is not completely secure. Although we will do our best to protect your personal data, we cannot guarantee the security of your data transmitted to our sites; any transmission is at your own risk. You will not hold us responsible for any breach of security unless we have been negligent or in wilful default.

CHANGES TO OUR PRIVACY POLICY

Any changes we make to our privacy policy in the future will be posted on this page and, where appropriate, notified to you by e-mail.

OTHER WEBSITES

Our sites contain links to other websites. If you follow a link to any of these websites, please note that these websites have their own privacy policies and that we do not accept any responsibility or liability for these policies. Please check these policies before you submit any personal data to these websites.

CONTACT

If you want more information or have any questions or comments relating to our privacy policy please email publishing@financialexpress.net in the first instance.

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Intertek Group Plc (ITRK)

  Print      Mail a friend       Annual reports

Thursday 17 May, 2012

Intertek Group Plc

Interim Management Statement

RNS Number : 5277D
Intertek Group PLC
17 May 2012
 



17 May 2012, 7:00am London (UK)

Interim Management Statement

Intertek Group plc ("Intertek"), the leading provider of quality and safety services to a wide range of industries around the world, today releases its Interim Management Statement for the period since 31 December 2011. Where stated, financial results are for the four month period from 1 January to 30 April 2012 ("period"). All comparative comments in this statement reflect comparisons with the corresponding period during 2011.

 

At constant exchange rates, year to date organic revenue growth was 9.5%. After taking into account revenue from acquisitions in 2011 and 2012 including the Moody International acquisition, and a slight positive currency effect, total reported revenue grew by 40%.

 

The Group has had a positive start to the year with the high single digit organic revenue growth being driven by the four largest divisions.

 

Industry & Assurance, including the acquired Moody business, continued to perform above our expectations, benefiting from demand arising out of new capital projects in energy production and distribution. Intertek and Moody have been successfully integrated and are seeing strong demand from global clients.

 

Commodities continued to report high organic revenue growth, led by demand for minerals testing at new and existing mining projects. Strong growth from oil cargo inspection in emerging markets was partially offset by weaker inspection work in the US.

 

In Consumer Goods, more stable market conditions resulted in good organic revenue growth for the division in the period, against the weak conditions of 2011 which arose following the sudden shift of textiles and softlines sourcing away from the coastal regions of China.

 

Commercial & Electrical reported high organic revenue growth driven by the development of new technologies and products particularly in lighting, telecommunications, home appliances and medical products in developed markets and home appliances in Asia.

 

Chemicals & Pharma had a slow start to the year in a relatively weak market environment without the support of any new regulations.

 

The Group's operating profit margin was stable on the prior year with the benefit of margin enhancement initiatives offsetting the dilutive effect arising from a full period of contribution and very strong growth, from the acquired Moody business.

 

In addition to ongoing internal investment to capture developing growth opportunities, the Group has reviewed a number of external opportunities completing three in-fill acquisitions so far in 2012 for a total cash consideration of £17 million.

 

There has been no significant change to the Group's financial position in the period since the last reported balance sheet date of 31 December 2011.

 

 

Wolfhart Hauser, Chief Executive Officer, said: 

 

"We have made a positive start to the year with good organic revenue and profit growth and a very strong performance from Moody International which we bought last year. We expect our performance this year to be in line with our expectations although we remain alert to any potential rapid change in market conditions which could impact our growth."

 

 

The Annual General Meeting of Intertek is held today 17 May 2012, at 1.00pm at The Westbury Hotel, Conduit Street, London, W1S 2YF.

 

The Group's half year results to 30 June 2012 will be announced on Thursday 26 July 2012.

Contacts

Aston Swift, Intertek

Telephone:      +44 (0) 20 7396 3400            

aston.swift@intertek.com 

 

Richard Mountain, FTI Consulting

Telephone:      +44 (0) 20 7269 7291

richard.mountain@fticonsulting.com

ABOUT INTERTEK

Intertek is a leading provider of quality and safety solutions serving a wide range of industries around the world. From auditing and inspection, to testing, quality assurance and certification, Intertek people are dedicated to adding value to customers' products and processes, supporting their success in the global marketplace. Intertek has the expertise, resources and global reach to support its customers through its network of more than 1,000 laboratories and offices and 30,000 people in over 100 countries around the world.  Intertek Group plc (LSE: ITRK) is listed on the London Stock Exchange and is a constituent of the FTSE 100 index.

 

www.intertek.com  

This Interim Management Statement is prepared for and addressed only to the Company's shareholders as a whole and to no other person. The Company, its directors, employees, agents or advisers do not accept or assume responsibility to any other person to whom this Interim Management Statement is shown or into whose hands it may come and any such responsibility or liability is expressly disclaimed. Statements contained in this Interim Management Statement are based on the knowledge and information available to the Company's Directors at the date it was prepared and therefore the facts stated and views expressed may change after that date. By their nature, the statements concerning the risks and uncertainties facing the Company in this Interim Management Statement involve uncertainty since future events and circumstances can cause results and developments to differ materially from those anticipated. To the extent that this Interim Management Statement contains any statement dealing with any time after the date of its preparation such statement is merely predictive and speculative as it relates to events and circumstances which are yet to occur. The Company undertakes no obligation to update these forward-looking statements.


This information is provided by RNS
The company news service from the London Stock Exchange
 
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