Intertek Group PLC
13 December 2006
Pre-close Trading Statement
Intertek Group plc ('Intertek'), the leading international provider of quality
and safety services to a wide range of industries, today reports on trading
ahead of entering the close period for the financial year to 31 December 2006.
The preliminary results will be announced on Monday 5 March 2007.
The good progress the group made in the first half of the year continued into
the second half. As previously guided, the three main divisions are expected to
achieve similar organic revenue growth in the second half as the first half,
whereas the Government Services division will see reduced revenue in the second
half compared to the first given the termination of the contracts as previously
announced.
Approximately 80% of Intertek's earnings are in US dollar or currencies linked
to the US dollar, however the current weakness of the US dollar is not expected
to significantly affect the current year results.
Wolfhart Hauser, CEO of Intertek, commented:
'The group, through its focused approach to customer service and global trade
services, is benefiting from favourable market conditions and the increasing
demand for quality and safety services. Strong global trade, health and
environmental regulations and the increasing trend for companies to outsource
their non core safety and quality services, are all driving growth.'
Contacts
Aston Swift, Intertek
Telephone: +44 (0) 20 7396 3400
aston.swift@intertek.com
Richard Mountain, Financial Dynamics
Telephone: +44 (0) 20 7831 3113
richard.mountain@fd.com
High resolution images of Intertek Group plc businesses are available to
download, free of charge from www.vismedia.co.uk
About Intertek
Intertek (FTSE:ITRK) is a leading international provider of quality and safety
services to a wide range of global and local industries. Partnership with
Intertek brings increased value to customers' products and processes, ultimately
supporting their success in the global market place. Intertek has the
experience, expertise, resources and global reach to support its customers
through their network of 910 laboratories and offices, 17,400 people in 110
countries around the world.
www.intertek.com
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