Intertek Group plc

Revenues slightly ahead; margin forecast below 2021

  • Sectors : Business Support Services
  • Companies : Intertek Group plc

Ratings and price correct at time of issue.

  • Intertek Group plc

    Closing Price: 4464p

  • RATING 01/04/21

  • PREVIOUS RATING N/A

DAVY VIEW

Intertek has published its H1 results today. These were clearly affected by the Chinese lockdowns, the effects of which should now be behind the company. We are unlikely to make any material changes to forecasts at this point with slightly better headline revenues offset by a lower margin prognosis.

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Jul 29 2022, 08:15 IST/BST

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