- Intertek‘s fiscal year revenue came in at GBP 3.39 billion, slightly below estimates of GBP 3.41 billion.
- Trade revenue totaled GBP 655.7 million, under the expected GBP 696.5 million.
- Adjusted operating profit exceeded expectations, reaching GBP 590.1 million against an estimate of GBP 587.2 million.
- The company declared a final dividend per share of 102.6 pence.
- Actual operating profit was GBP 535.7 million, surpassing the estimate of GBP 533.4 million.
- Adjusted pretax profit slightly beat predictions at GBP 547.8 million, compared to an estimate of GBP 547.3 million.
- Adjusted earnings per share reached 240.6 pence, outstripping the anticipated 238.2 pence.
- Intertek achieved its medium-term margin target of 17.5% faster than expected, raising the target to 18.5% or more.
- The company anticipates robust growth in 2025, with expectations of mid-single digit like-for-like revenue growth and strong free cash flow.
- Medium-term forecasts suggest mid to high-single digit like-for-like revenue growth at constant currency rates.
- Recent acquisitions have significantly enhanced the Intertek portfolio, contributing £207 million to 2024 revenue with a 25.1% margin.
- Market sentiment towards Intertek is positive with 11 buy, 7 hold, and 2 sell recommendations.
A look at Intertek Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 3 | |
| Growth | 3 | |
| Resilience | 2 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 2.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Intertek Group plc, a company that offers product inspection services, has received varying Smart Scores across different factors crucial for its long-term outlook. While scoring moderately in Value and Resilience factors with scores of 2, the company has shown stronger performance in Dividend and Growth with scores of 3. Additionally, Intertek has received a notable score of 4 in Momentum, indicating positive market sentiment and potential growth opportunities ahead. These scores collectively suggest a mixed but promising long-term outlook for Intertek in the industry.
Specializing in testing a wide range of products including textiles, toys, petroleum products, chemicals, electronics, building materials, and agricultural products, Intertek Group plc plays a vital role in product safety certification for governments, exporters, and importers. Their services also encompass certifying that import duties are correctly declared and paid. With a balanced Smart Score profile highlighting strengths in areas such as Dividend, Growth, and Momentum, Intertek appears to be strategically positioned for future growth and success within the product inspection services sector.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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