Intertek Group PLC (OTCPK:IKTSY)
$ 60.62 -0.51 (-0.83%) Market Cap: 9.77 Bil Enterprise Value: 11.10 Bil PE Ratio: 25.12 PB Ratio: 5.81 GF Score: 82/100

Intertek Group PLC Trading Statement Call Transcript

May 25, 2022 / 06:45AM GMT
Release Date Price: $59.2 (+0.11%)
Operator

Hello, and welcome to the Intertek May 2022 Trading Update. My name is Jess, and I'll be your coordinator for today's event. (Operator Instructions) I will now hand over to your host, Andre Lacroix, to begin today's call. Thank you.

Andre Pierre Joseph Lacroix
Intertek Group plc - CEO & Director

Good morning to you all, and thanks for joining us on our call following the release of our trading statement earlier today. I have with me, Jonathan Timmis, our CFO; and Denis Moreau, our VP, Investor Relations.

There are essentially 3 takeaways in our call today. One, we had a good start to the year. In the first 4 months of the year, our revenue increased by 9.1% at constant currency as we benefited to a mid-single-digit like-for-like revenue growth in each of our divisions and from the strong contribution of our SAI and JLA acquisitions. Two, we have delivered 6.8% like-for-like revenue growth at constant currency outside of China, which demonstrates the strengths of our science-based customer excellence USP, giving our clients the ATIC Advantage. And

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