Intertek Group PLC

Intertek Group provides Assurance, Testing, Inspection and Certification (ATIC) services. Co.'s segments comprised of Products, Trade and Resources. Co.'s products-related division consists of business lines that are focused on quality and safety of physical components and products, as well reducing risk through assessing the operating process and quality management systems of its customers. Co.'s trade division consists of three Global business lines, Cargo & Analytical Assessment, Government & Trade Services, and Agriculture business. Co.'s resources division consists of two business lines, Industry Services, and minerals business.
  • TickerITRK
  • ISINGB0031638363
  • ExchangeLondon Stock Exchange
  • SectorSupport Services
  • CountryUnited Kingdom

Analysts

Emira Sagaama ...
  • Matthias Desmarais

Intertek : Good results and guidance in line but the valuation needs more

>Results in line, good increase in margins in H2 - The full-year results are broadly in line with forecasts. The organic growth rate of 3.7% for the full year is a shade lower than our estimate of 3.9% and suggests a slight slowdown over the last two months of the year (+4% in H2 vs +4.5% from July to October). Nevertheless, the +40bp improvement in the margin y-o-y at constant forex, in line with H1 despite the dilutive impact of the acquisition of Alchemy in H2, is ...

Emira Sagaama ...
  • Matthias Desmarais

Intertek : Bons résultats et guidance en ligne mais la valorisation nécessite plus

>Résultats en ligne, belle progression de la marge au S2 - Les résultats annuels sont ressortis globalement en ligne avec les attentes. La croissance organique de 3.7% sur l’année est légèrement en dessous de notre estimation (3.9%e), et implique une légère décélération sur les 2 derniers mois de l’année (+4% au S2 vs +4.5% de juillet à octobre). Néanmoins, l’amélioration de la marge de 40 pb yoy à taux de change constant, en ligne avec le S1 malgré l’impact dilutif d...

Ahmed Ben Salem ...
  • Christophe-Raphaël Ganet
  • Emira Sagaama
  • Fatma Agnès Hamdani
  • François Maury
  • Geoffroy Michalet
  • Georges Dieng
  • Matthias Desmarais
  • Olivier Lebrun
  • Stephane Houri
  • Veysel Taze
  • Yassine Batini

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 03/06/2019

...

Ahmed Ben Salem ...
  • Christophe-Raphaël Ganet
  • Emira Sagaama
  • Fatma Agnès Hamdani
  • François Maury
  • Geoffroy Michalet
  • Georges Dieng
  • Matthias Desmarais
  • Olivier Lebrun
  • Stephane Houri
  • Veysel Taze
  • Yassine Batini

ODDO BHF SECURITIES MORNING NEWS – COMMENTAIRES DETAILLES 06/03/2019

...

Alfred Glaser ...
  • Antoine Boivin-Champeaux
  • Bruno Cavalier
  • Delphine Brault
  • Emira Sagaama
  • Emmanuel Matot
  • François Maury
  • Geoffroy Michalet
  • Georges Dieng
  • Jean Sassus
  • Jerôme Bodin
  • Martial Descoutures
  • Matthias Desmarais
  • Pierre Corby
  • Yan Derocles

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 03/04/2019

...

Emira Sagaama ...
  • Matthias Desmarais

Intertek : Good results and guidance in line but the valuation needs more

>Results in line, good increase in margins in H2 - The full-year results are broadly in line with forecasts. The organic growth rate of 3.7% for the full year is a shade lower than our estimate of 3.9% and suggests a slight slowdown over the last two months of the year (+4% in H2 vs +4.5% from July to October). Nevertheless, the +40bp improvement in the margin y-o-y at constant forex, in line with H1 despite the dilutive impact of the acquisition of Alchemy in H2, is ...

Emira Sagaama ...
  • Matthias Desmarais

Intertek : Bons résultats et guidance en ligne mais la valorisation nécessite plus

>Résultats en ligne, belle progression de la marge au S2 - Les résultats annuels sont ressortis globalement en ligne avec les attentes. La croissance organique de 3.7% sur l’année est légèrement en dessous de notre estimation (3.9%e), et implique une légère décélération sur les 2 derniers mois de l’année (+4% au S2 vs +4.5% de juillet à octobre). Néanmoins, l’amélioration de la marge de 40 pb yoy à taux de change constant, en ligne avec le S1 malgré l’impact dilutif d...

Ahmed Ben Salem ...
  • Christophe-Raphaël Ganet
  • Emira Sagaama
  • Fatma Agnès Hamdani
  • François Maury
  • Geoffroy Michalet
  • Georges Dieng
  • Matthias Desmarais
  • Olivier Lebrun
  • Stephane Houri
  • Veysel Taze
  • Yassine Batini

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 03/06/2019

...

Ahmed Ben Salem ...
  • Christophe-Raphaël Ganet
  • Emira Sagaama
  • Fatma Agnès Hamdani
  • François Maury
  • Geoffroy Michalet
  • Georges Dieng
  • Matthias Desmarais
  • Olivier Lebrun
  • Stephane Houri
  • Veysel Taze
  • Yassine Batini

ODDO BHF SECURITIES MORNING NEWS – COMMENTAIRES DETAILLES 06/03/2019

...

Alfred Glaser ...
  • Antoine Boivin-Champeaux
  • Bruno Cavalier
  • Delphine Brault
  • Emira Sagaama
  • Emmanuel Matot
  • François Maury
  • Geoffroy Michalet
  • Georges Dieng
  • Jean Sassus
  • Jerôme Bodin
  • Martial Descoutures
  • Matthias Desmarais
  • Pierre Corby
  • Yan Derocles

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 03/04/2019

...

A director maiden bought 10,000 shares at 4,650p and

A director at Intertek Group maiden bought 10,000 shares at 4,650p and the significance rating of the trade was 100/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The n...

Alexandre Iatrides ...
  • Alfred Glaser
  • Bruno Cavalier
  • Delphine Brault
  • Emira Sagaama
  • François Maury
  • Georges Dieng
  • Johanna Jourdain
  • Laurence Hofmann
  • Martial Descoutures
  • Matthias Desmarais
  • Olfa Taamallah
  • Pierre Corby
  • Sven Edelfelt
  • Sylvain Goyon
  • Virginie Rousseau
  • Yan Derocles

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 02/25/2019

Equities’ disconnect from the "pessimism" of the bond markets is obvious. The simultaneous choice of cyclicals and protection themes (growth/quality) is disturbing. What should we do when our annual objectives are being met? Avoid succumbing to the cyclical temptation, buy quality by avoiding overpaying the protection criterion linked exclusively to a healthy balance sheet structure. We present the results of a screening combining balance sheet and ROCE trends, which highlights five s...

Alexandre Iatrides ...
  • Alfred Glaser
  • Bruno Cavalier
  • Delphine Brault
  • Emira Sagaama
  • François Maury
  • Georges Dieng
  • Johanna Jourdain
  • Laurence Hofmann
  • Martial Descoutures
  • Matthias Desmarais
  • Olfa Taamallah
  • Pierre Corby
  • Sven Edelfelt
  • Sylvain Goyon
  • Virginie Rousseau
  • Yan Derocles

ODDO BHF SECURITIES MORNING NEWS – COMMENTAIRES DETAILLES 25/02/2019

La déconnection des actions avec le « pessimisme » des marchés obligataires est patente. Le plébiscite simultané des cycliques et des thématiques de protection (croissance/ qualité) est perturbant. Que faire alors que nos objectifs annuels sont atteints ? Eviter de succomber à la tentation cyclique, acheter la qualité en évitant de surpayer le critère protection lié uniquement à une structure bilancielle saine. Nous présentons les résultats d’un criblage combinant bilan et évolution d...

Charles Lepetitpas ...
  • Emira Sagaama
  • Nicolas David
  • Stephane Houri

ODDO BHF Small & MIDCAP MORNING NEWS - 02/25/2019

...

Charles Lepetitpas ...
  • Emira Sagaama
  • Nicolas David
  • Stephane Houri

ODDO BHF Small & MIDCAP MORNING NEWS - 25/02/2019

...

Anis Zgaya ...
  • Emira Sagaama
  • Jean Sassus
  • Jerôme Bodin
  • Johanna Jourdain
  • Louis Boujard
  • Matthias Desmarais
  • Philippe Ourpatian
  • Roland Pfaender
  • Steven Gould

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 11/28/2018

...

Ibrahim Firdaus

Intertek

Ibrahim Firdaus

Intertek

Ibrahim Firdaus

Intertek

Ibrahim Firdaus

Intertek

null

Ibrahim Firdaus

Intertek

MarketLine Department

Erin Energy Corporation - Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments

Summary Marketline's Erin Energy Corporation Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments report includes business description, detailed reports on mergers and acquisitions (M&A), divestments, capital raisings, venture capital investments, ownership and partnership transactions undertaken by Erin Energy Corporation since January2007. Marketline's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic and inorganic growth activity undertaken by an organization to sustain its competitive adv...

MarketLine Department

Bureau Veritas SA - Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments

Summary Marketline's Bureau Veritas SA Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments report includes business description, detailed reports on mergers and acquisitions (M&A), divestments, capital raisings, venture capital investments, ownership and partnership transactions undertaken by Bureau Veritas SA since January2007. Marketline's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic and inorganic growth activity undertaken by an organization to sustain its competitive advantage. Key...

MarketLine Department

Applus Services, S.A. - Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments

Summary Marketline's Applus Services, S.A. Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments report includes business description, detailed reports on mergers and acquisitions (M&A), divestments, capital raisings, venture capital investments, ownership and partnership transactions undertaken by Applus Services, S.A. since January2007. Marketline's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic and inorganic growth activity undertaken by an organization to sustain its competitive advanta...

MarketLine Department

Eurofins Scientific SE - Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments

Summary Marketline's Eurofins Scientific SE Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments report includes business description, detailed reports on mergers and acquisitions (M&A), divestments, capital raisings, venture capital investments, ownership and partnership transactions undertaken by Eurofins Scientific SE since January2007. Marketline's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic and inorganic growth activity undertaken by an organization to sustain its competitive advan...

Intertek Group plc (ITRK) - Oil & Gas - Deals and Alliances Profile

Summary Intertek Group plc (Intertek) is a provider of quality and safety solutions to various businesses across the globe. It offers services such as testing, inspection, certification, auditing, advisory services, quality assurance, consulting, sourcing, hazardous substance testing, analytical assessment, calibration and related research, among others. The company provides its services to manufacturers, retailers, governments and traders across various industries including aerospace and defense, chemicals, food and healthcare, medical and pharmaceutical, government and trade, energy and com...

Intertek – Proxinvest Corporate Governance Rating ® : B

Proxinvest Corporate Governance Rating ® helps investors integrate governance into their investment decision and identify governance risks and opportunities within their portfolio. Proxinvest Corporate Governance Rating ® Service rates European issuers through the analysis of four main themes : Ownership & Shareholder rights, Board & Committees, Audit & Process, Remuneration. Each theme is rated taking into account several comprehensive sub-categories. Our unique two-step process to achieve each rating includes a first step quantitative valuation and a second step qualitative filter...

Valérie GASTALDY

Analyse court terme - INTERTEK GROUP : La tendance de fond est clairement orientée à la baisse.

La tendance de fond est clairement orientée à la baisse. Le MACD est négatif, il confirme cette tendance. La reprise est une consolidation qui va buter sur 4 707,89 p prochainement. Le prochain objectif est à 4 265,41 p, puis 4 057,72 p. Le franchissement de 5 051,69 p remettrait en cause la suite de la baisse.

Valérie GASTALDY

Short term view - INTERTEK GROUP : The background trend is clearly bearish.

The background trend is clearly bearish. The negative MACD confirms the trend. The rise is a consolidation that will soon bump against the level at 4,707.89 p. The next target is at 4,265.41 p, then 4,057.72 p. Passing 5,051.69 p would question the continuation of the fall.

Valérie GASTALDY

Short term view - INTERTEK GROUP : Falling prices.

The background trend is clearly bearish. Prices are falling again, but the movement has become hesitant. The next support is at 4,265.41 p. The background trend would be questioned should prices rise above 5,051.69 p.

Valérie GASTALDY

Analyse court terme - INTERTEK GROUP : Les prix baissent.

La tendance de fond est clairement orientée à la baisse. Les prix baissent à nouveau, mais le mouvement est devenu hésitant. Le prochain support est à 4 265,41 p. La tendance de fond serait remise en cause en cas de franchissement de 5 051,69 p.

Valérie GASTALDY

Medium term view - INTERTEK GROUP : The trend is uncertain.

The trend is uncertain. Prices are falling and they may accelerate to the downside. A new bearish trend is attempting to emerge.

ResearchPool Subscriptions

Get the most out of your insights

Get in touch