Confident Intertek whacks up divi

Intertek, the international provider of quality and safety services, has delivered soaring revenues and strong profit growth in the six months to the end of June.

Intertek, the international provider of quality and safety services, has delivered soaring revenues and strong profit growth in the six months to the end of June.

The interim profit before tax was up 26.6% to £140.0m from £110.6m the year before, while revenue rose 29.9%, or 9.9% on a like-for-like constant currency basis, to £991.0m from £763.1m the year before, principally due to strong organic growth. The marked difference between the overall growth rate and the like-for-like rate reflects the acquisition of, and very strong subsequent growth in, the Moody International business.

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