Intertek Group PLC (MEX:ITRK)
MXN 1074.2 0 (0%) Market Cap: 197.41 Bil Enterprise Value: 223.46 Bil PE Ratio: 25.01 PB Ratio: 5.86 GF Score: 82/100

Q3 2021 Intertek Group PLC Trading Statement Call Transcript

Nov 24, 2021 / 07:45AM GMT
Release Date Price: MXN1479.9
Operator

Hello, and welcome to the Intertek November 2021 Trading Update Call. (Operator Instructions)

I'd now like to hand over to our host, Andre Lacroix, to begin the 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 a few minutes ago. I have with me, Jonathan Timmis, our CFO; and Denis Moreau, our VP of Investor Relations.

There are essentially 3 takeaways in our call today. First, we've made strong progress in H2. In the July-October period, we've delivered a revenue growth of 6.7% at constant currency driven by robust like-for-like revenue growth and our 2 recent acquisitions. We've also benefited from positive momentum in margin and cash. Second, we are on track to deliver our full year target of robust like-for-like revenue growth, year-on-year margin progression and a strong free cash flow.

And third, COVID-19 has been much more than a tragic pandemic for the entire world. COVID-19 has

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