Intertek lifts guidance after strong sales performance
By Frank Prenesti
Date: Tuesday 26 Nov 2024
(Sharecast News) - Testing laboratories company Intertek on Tuesday lifted annual guidance as it reported a 6.6% jump in like-for-like revenue for the four months to October 30.
Sales for the period came in at £1.1bn.
"In 2024, we are increasing our full year guidance and now expect our consumer products division to deliver high-single digit like-for-like revenue growth at constant currency," the company said in a trading statement.
"We delivered a strong performance in the July-Oct period with consumer products, corporate assurance and health and safety, which represent 74% of group earnings, growing LFL revenue 9.5%,".
Trading in Intertek's industry and infrastructure and the world of energy was in line with guidance, it added.
Reporting by Frank Prenesti for Sharecast.com
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