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Intertek Group PLC Ord 1P (ITRK)

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15-May-2015 04:25 PM

Intertek unveils board changes

Intertek Group has confirmed a raft of changes to its board following today's annual general meeting. Wolfhart Hauser, as previously announced on 29 September, has retired as chief executive and been succeeded by Andr�© Lacroix who has joined
15-May-2015 02:06 PM

Intertek in line with forecasts

Intertek's performance was in line with the group's expectations, experiencing good growth in most businesses and geographies and continued challenging conditions in its oil and gas capex and minerals businesses. Total reported revenue grew 3.
02-Mar-2015 07:37 AM

Intertek revenues up at constant currencies

Intertek - a leading international provider of quality and safety services - reports solid growth in its product-related businesses in the year to the end of December. But it saw continuing headwinds in the oil and gas capex and mining sectors, and t
19-Nov-2014 08:54 AM

Intertek margins broadly stable

Intertek Group expects margins to be broadly stable this year and revenue growth to strengthen in 2015. Group revenues for the first 10 months were up 2.5% at constant exchange rates but organic revenue growth declined by 0.7%. Organic revenue growth exc
04-Aug-2014 07:33 AM

Intertek profits dip

Intertek - a leading quality solutions provider to industries worldwide - posts adjusted pre-tax profits of £140.9m for the six months to the end of June, up 6.7% at constant currencies but down 3.0% at actual rates. Revenues of £1,024.3m were down 5.
16-May-2014 01:51 PM

Intertek resolutions passed at AGM

Intertek has confirmed that all resolutions proposed at its annual general meeting earlier today were passed. At 1:51pm: (LON:ITRK) Intertek Group PLC share price was -135.5p at 2954.5p Story provided by
16-May-2014 07:10 AM

Intertek growth hit by weak energy infrastructure market

Product tester Intertek said the variable market conditions in H2 2013 continued into the first four months of 2014, resulting in good growth in key product-related business lines but weaker activity in the energy infrastructure market. At constant exch
29-Apr-2014 08:32 AM

Intertek CFO resigns

Intertek chief financial officer Lloyd Pitchford has resigned and will leave the company by 30 September. Edward Leigh, Intertek's group financial controller, will replace Pitchford as CFO and join Intertek's board. At 8:32am: (LON:ITRK) In
03-Mar-2014 08:04 AM

Intertek acquires INSPEC

Intertek Group, a leading quality solutions provider to industries worldwide, has acquired International Inspection Services Ltd, a UAE-based provider of non-destructive testing and associated services to the oil and gas industry. Intertek purchased INSP
03-Mar-2014 07:16 AM

Intertek grows revenue and profits despite margin squeeze

Product tester Intertek Group reported revenue growth of 6.3% to £2.184bn in the year to end-December, with constant currency organic growth of 4.3%. Operating profit grew 2.2% to £343m. Profit margin was 15.7%, down 60bps. Profit before tax rose 2.1%
16-Jan-2014 02:07 PM

Broker News & Views

Deutsche Bank reiterates buy on William Hill, target price cut from 475p to 462p. Nomura reiterates buy on Britvic, target price increased from 740p to 770p. Berenberg downgrades Intertek Group from buy to hold, target cut from 3300p to 3000p. Berenberg
21-Nov-2013 01:57 PM

Broker News & Views

Cantor Fitzgerald reiterates hold on Intertek Group, target cut from 3175p to 3065p. Numis reiterates add on Mothercare, target raised from 450p to 475p. Deutsche Bank retains hold on Intertek Group, target cut from 3243p to 3129p. Numis reiterates buy
19-Nov-2013 08:38 AM

Intertek agrees to acquire Architectural Testing

Intertek Group has agreed to acquire Architectural Testing, Inc (ATI), one of the largest building products testing and certification companies in North America. Intertek will purchase the company from private equity firm Wafra Partners and the managemen
19-Nov-2013 07:28 AM

Intertek said headwinds have continued to blow

Product tester Intertek Group said total revenue grew 7.6% in the period to end-October, including organic growth at constant exchange rates of 4.9%, the benefit of acquisitions made in 2012 and 2013 of 1.6% and favourable currency movements of 1.1%. The
15-Nov-2013 01:38 PM

Broker News & Views

Investec cuts Thomas Cook to hold from buy, target cut from 185p to 155p. Investec cuts TUI Travel to sell from hold, target cut from 400p to 350p. Berenberg cuts RSA Insurance Group to hold from buy, target cut from 141p to 112p. JP Morgan Cazenove sta
28-Aug-2013 02:38 PM

Intertek strengthens its board

Intertek has appointed Dr Mark Williams as a non-executive director with effect from 1 September. Williams worked for more than 33 years at Royal Dutch Shell until February including more than 21 years in Shell's exploration & production and midstr
06-Aug-2013 02:23 PM

Broker News & Views

JP Morgan Cazenove cuts Unilever to neutral from overweight, target cut from 2,850p to 2,600p. Citigroup cuts GlaxoSmithKline to neutral from buy. Deutsche Bank cuts HSBC Holdings to hold from buy, target cut from 750p to 730p. Citigroup lifts Internati
29-Jul-2013 07:13 AM

Intertek hikes interim divi by 15% as profits rise

Product tester Intertek Group said revenue increased by 9.5% to £1.084bn in the half-year to end-June, with all divisions contributing to growth. Excluding acquisitions and disposals, organic revenue increased by 6.3%. Operating profit was £158.3m, up
09-Jul-2013 08:52 AM

Intertek takes over Melbourn Scientific

Intertek Group has acquired Melbourn Scientific Ltd, a specialist pharmaceutical products testing business. Melbourn is a privately-owned UK company based near Cambridge, a heartland of the UK's pharma and biotech industry. It employs over 80 expert
17-May-2013 07:14 AM

Intertek expects margin drag to reduce in H2

Product testing specialist Intertek Group said revenue grew 9.9% in the four month period to end-April. This was made up of organic growth at constant exchange rates of 7.0%, favourable currency movements and the benefit of acquisitions made in 2012 and 2
04-Mar-2013 08:42 AM

Intertek takes over E-Test and FSA

Intertek Group - a leading quality solutions provider to industries worldwide - has taken over E-TEST Laboratorio de Ensaios e Tecnologia Ltda (E-Test) and Food Safety Assessment for £7m. Intertek has acquired 85% of the issued capital of E-Test, a Braz
04-Mar-2013 07:08 AM

Intertek raises divdend 22% as profits surge

Product tester Intertek Group reported revenue growth of 17% to £2.054bn in the year to end-December, with constant currency organic revenue growth of 8.6%. Profit growth was 19% to £335m; constant currency organic profit growth of 11.2%. Diluted EPS a
28-Feb-2013 02:43 PM

Intertek CEO joins Reed Elsevier board

Intertek chief executive Wolfhart Hauser has been appointed as a member of the supervisory board of Reed Elsevier NV and a non-executive director of Reed Elsevier. At 2:43pm: (LON:ITRK) Intertek Group share price was +19p at 3341p Story provided by S
10-Jan-2013 02:00 PM

Broker News & Views

S&P Capital hikes Marks & Spencer to buy from hold. Espirito Santo Execution Noble cuts Marks & Spencer to sell from neutral, target 310p from 360p. Oriel Securities lifts Tesco to buy from hold, target 400p from 325p. HSBC cuts Sainsbury to underweight
09-Jan-2013 07:56 AM

Intertek takes over Tickford Test Technology

Intertek Group has acquired Tickford Test Technology, a market leading vehicle engine testing company. Tickford, a privately-owned UK company, was purchased on 31 December from its management shareholders for a total cash consideration of £5.5m. Tickfo
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