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Intertek Group PLC (ITRK.L)

ITRK.L on London Stock Exchange

3,907.00GBp
23 Mar 2017
Change (% chg)

36.00 (+0.93%)
Prev Close
3,871.00
Open
3,871.00
Day's High
3,925.00
Day's Low
3,863.00
Volume
353,517
Avg. Vol
477,985
52-wk High
4,024.00
52-wk Low
3,037.39

Latest Key Developments (Source: Significant Developments)

Intertek total dividend up 19.3 pct at 62.4 pence per share
Tuesday, 7 Mar 2017 02:00am EST 

Intertek Group Plc - : Final dividend 43 pence per share . Total dividend up 19.3 percent to 62.4 pence per share . FY revenue rose 18.5 percent to 2.567 billion pounds . FY profit before tax 387.3 million pounds versus 319.2 million pounds year ago . FY adjusted diluted earnings per share 158.5 pence versus 140.7 pence per share . FY revenue 2.57 billion pounds versus 2.17 billion pounds year ago . Says co expect to deliver a solid organic revenue growth performance at constant currency in 2017 with moderate group margin expansion .FY operating margin 16.0 percent versus 15.9 percent year ago.  Full Article

Intertek announces an environmental services JV in Mexico
Tuesday, 15 Nov 2016 04:43am EST 

Intertek Group Plc : Intertek- has entered into an agreement with shareholders of Laboratorios ABC Química Investigación Y Análisis, S.A. De C.V to form an environmental services JV in Mexico Further company coverage: [ITRK.L] (Bengaluru Newsroom: +91 80 6749 1136).  Full Article

Intertek acquires Canada-based cyber security assurance unit
Monday, 3 Oct 2016 02:00am EDT 

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 02:00am EDT 

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

Intertek says revenue up 12.7 pct for first four months of 2016
Wednesday, 25 May 2016 02:01am EDT 

Intertek Group Plc : Group revenue at £774m increased by 12.7% at actual exchange rates and 10.6% at constant currency . Organic revenue growth of 2.3% at actual rates and 0.5% at constant currency in january to april period . On track to deliver robust full year revenue growth at constant currency . Continue to expect to deliver solid organic growth performance in 2016 with group margins broadly stable year on year - ceo .Our year end net debt guidance of £650-700m, assuming no further acquisitions and stable forex, remains unchanged.  Full Article

Intertek Group PLC Proposes final dividend
Wednesday, 2 Mar 2016 02:00am EST 

Intertek Group PLC:Propose final dividend of 35.3p per share (2014: 33.1p) at the Annual General Meeting on 25 May 2016.The dividend is to be paid on 3 June 2016 to shareholders on the register at close of business on 20 May 2016.  Full Article

Intertek Group PLC announces acquisition of MT Group LLC and Materials Testing Lab, Inc
Monday, 26 Oct 2015 03:00am EDT 

Intertek Group PLC:Expands its Building & Construction capabilities in the US with New York acquisition.Acquired MT Group LLC and Materials Testing Lab, Inc.  Full Article

Intertek Group PLC agrees to acquire PSI for $330 million
Tuesday, 13 Oct 2015 08:00pm EDT 

Intertek Group PLC:Says It has entered into an agreement to acquire Professional Service Industries, Inc for a cash consideration of US$330 million on a cash-free and debt-free basis1, which is equivalent to a 7.6x multiple based on adjusted2 LTM EBITDA of US$43 million for the 12 months to 31 August 2015.PSI is a leading US based provider of testing and assurance services to commercial and civil construction markets, with a broad service offering including building materials testing; geotechnical services; and property and environmental assurance.  Full Article

Intertek Group Plc approves 6.3 pct increase in interim dividend
Monday, 3 Aug 2015 02:00am EDT 

Intertek Group Plc:Has approved 6.3 pct increase in interim dividend to 17.0 pence per share (2014: 16.0 pence).Dividend will be paid on Oct. 13 to shareholders on register at Oct. 2.  Full Article

Intertek and Samsung Launch Strategic Partnership for LED Lighting Certification Support
Wednesday, 29 Apr 2015 05:00pm EDT 

Intertek Group Inc:Partnered with Samsung Electronics to launch the joint Certification Support Program at the LIGHTFAIR International trade show and conference May 2015 in New York City.Agreement between Samsung and Intertek, first signed at Intertek's Seoul, Korea laboratory in January, will provide enhanced services to lighting luminaire and lamp manufacturers using Samsung LED components.Program offers Intertek's testing and certification services to manufacturers who require third-party validation of quality, safety, and energy efficiency at a 20-30 percent improvement in costs and total testing time.  Full Article

More From Around the Web

Intertek and Deutsche Bank help European shares to advance

LONDON, Oct 4 European shares advanced in early trading on Tuesday, with British testing company Intertek Group leading the market higher after a broker update while Deutsche Bank further recovered after recent steep losses.