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The Markets
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Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
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The Markets
by Proactive
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by Proactive
Proactive UK has moved.
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Business & education services

Intertek boosts revenues and profits, again

Intertek has a network of more than a thousand laboratories and offices

Intertek Group PLC (LON:ITRK), the testing, inspection and certification specialists, booked revenue of £2,987mln in the year to December 2019, an increase of 4.8% at constant currency rates, or 6.6% at actual rates.

Organic growth rang in at 3.3%. with acquisitions contributing 1.5% of the growth. Adjusted operating profit was £513.3mln, an increase of 5.2% at constant rates, or 6.5% at actual rates.

Adjusted diluted earnings per share was 211.7p, and free cash flow was £380mln, up more than 8%.

The year to 2019 was the fifth consecutive year of growth in revenue and earnings per share.

The company declared a dividend of 105.8p, up 6% on the previoius year.

The FTSE 100-listed shares rose 54p in early trade, up by just over 1%.

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