If you'd invested in: Intertek and Countrywide
Intertek, which inspects and certifies products for safety, has seen its shares rise by 55% this year. Estate agent Countrywide has had a much less satisfying 12 months.
If only
Intertek (LSE: ITRK) inspects and certifies products for safety. So far this year it has seen its shares rise by 55%. In August it announced that sales had jumped by 13.2% during January-June, to £1.37bn. Meanwhile, acquisitions, such as Germany's KJ Tech Services earlier this year, provide opportunities to build sales and margins further. The company is expected to generate earnings growth of 11% and 7% in 2017 and 2018 respectively.
Be glad you didn't
Countrywide (LSE: CWD) is the biggest listed estate agency in Britain. In November it said that revenue was down 7% to £175m in the quarter to the end of September compared with the same period last year. In the first half of the financial year it also saw a 98% collapse in pre-tax profits, falling to £477,000 from £24.2m a year earlier. Its shares are now down by 28% in the year to date, and it dropped out of the FTSE 250 in December last year.
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Alice grew up in Stockholm and studied at the University of the Arts London, where she gained a first-class BA in Journalism. She has written for several publications in Stockholm and London, and joined MoneyWeek in 2017.
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