INTERTEK GROUP ORD GBP0.01
Symbol: ITRK
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Charts
Company
Business Summary
Intertek Group plc is a United Kingdom-based company, which offers quality assurance services. The Company provides bespoke assurance, testing, inspection, and certification services to customers. The Company’s segments include Consumer Products, Corporate Assurance, Health and Safety, Industry and Infrastructure, and World of Energy. The Consumer Products division focuses on ATIC solutions. It includes business lines, such as Softlines, Hardlines, Electrical/Connected World and Government and Trade Services. The Corporate Assurance division focuses on industry-agnostic Assurance solutions. It includes business lines, which are Business Assurance and Assuris. The Health and Safety division includes AgriWorld, Food, and Chemical and Pharma business lines. The Industry and Infrastructure includes industry services, minerals and building and construction. The World of Energy includes Caleb Brett, Transportation Technologies and Clean Energy Associates. It also offers PlayerLync platform.
Financial Summary
BRIEF: For the fiscal year ended 31 December 2023, Intertek Group plc revenues increased 4% to £3.33B. Net income increased 3% to £297.4M. Revenues reflect United States segment increase of 7% to £1.02B, Other countries and unallocated segment increase of 4% to £1.32B, United Kingdom segment increase of 7% to £217M. Net income was partially offset by Operating segment - Products income decrease of 38% to £231.7M.
Financials
Income Statement - All values are in GBP (M).
Year Ending |
31/12/2023 |
31/12/2022 |
31/12/2021 |
31/12/2020 |
31/12/2019 |
31/12/2018 |
---|---|---|---|---|---|---|
Total Revenue | 3,328.70 | 3,192.90 | 2,786.30 | 2,741.70 | 2,987.00 | 2,801.20 |
Gross profit | NIL | NIL | NIL | NIL | NIL | NIL |
Operating Profit/Loss | 486.20 | 452.40 | 433.20 | 378.80 | 484.50 | 429.80 |
Profit Before Tax | 422.30 | 419.80 | 413.40 | 343.90 | 445.10 | 404.50 |
Profit After Tax | 318.10 | 306.80 | 306.70 | 262.60 | 333.60 | 305.20 |
Equity Holders of Parent Company | 297.40 | 288.80 | 288.10 | 247.30 | 313.10 | 284.40 |
Minority Interest | 16.00 | 16.00 | 13.70 | 12.70 | 8.90 | 13.50 |
Balance Sheet - All values are in GBP (M).
Year Ending |
31/12/2023 |
31/12/2022 |
31/12/2021 |
31/12/2020 |
31/12/2019 |
31/12/2018 |
---|---|---|---|---|---|---|
Total Non-Current Assets | 2,466.30 | 2,563.50 | 2,286.40 | 1,750.00 | 1,858.30 | 1,704.30 |
Total Current Assets | 1,071.60 | 1,096.80 | 963.30 | 865.10 | 960.10 | 929.30 |
Total Assets | 3,537.90 | 3,660.30 | 3,249.70 | 2,615.10 | 2,818.40 | 2,633.60 |
Total Liabilities | 2,177.80 | 2,342.30 | 2,135.40 | 1,612.10 | 1,833.10 | 1,725.30 |
Total Net Assets | 1,360.10 | 1,318.00 | 1,114.30 | 1,003.00 | 985.30 | 908.30 |
Shareholders Funds | 1,323.40 | 1,284.00 | 1,082.00 | 975.00 | 955.90 | 874.00 |
Minority Interests | 16.00 | 16.00 | 13.70 | 12.70 | 8.90 | 13.50 |
Total Equity | 1,360.10 | 1,318.00 | 1,114.30 | 1,003.00 | 985.30 | 908.30 |
Outlook
Broker View
Data shown is based on the past 75 days of broker views.
ActionBrokers |
Strong Buy5 |
Buy2 |
Neutral8 |
Sell3 |
Strong Sell1 |
---|---|---|---|---|---|
Brokers | 5 | 2 | 8 | 3 | 1 |
Consensus |
ConsensusNeutral |
Not advice based on your circumstances. Does not constitute a recommendation to buy or sell this or any other security. Selected data supplied by Digital Look® Read more.
Forecasts
Year | 2024 | 2025 | 2026 |
---|---|---|---|
Revenue | £3,468.71mn | £3,653.96mn | £3,836.44mn |
Pre-tax-Profit | £561.09mn | £606.31mn | £665.43mn |
EPS | £2.35p | £2.56p | £2.75p |
EPS Growth | 5.02% | 8.60% | 7.38% |
P/E | 20.85 | 19.19 | 17.88 |
PEG Ratio | 4.15 | 2.23 | 2.42 |
Dividend | 145.73p | 160.17p | 171.33p |
Yield | 0.00% | 0.00% | 0.00% |
Upgrades & Downgrades (Latest)
Date | Broker | Recommendation | Price | Old Target | New Target | Change |
---|---|---|---|---|---|---|
19th Apr 2024 | Redburn Partners | Upgrade | 4906p | 0p | 6000p | Buy |
15th Apr 2024 | Berenberg Bank | Reiteration | 4860p | 4900p | 5400p | Buy |
21st Dec 2023 | Shore Capital | Reiteration | 4235p | 0p | 0p | Hold |
20th Dec 2023 | Exane BNP Paribas | Upgrade | 4249p | 0p | 5000p | Outperform |
29th Nov 2023 | Shore Capital | Reiteration | 3984p | 0p | 0p | Hold |
23rd Nov 2023 | Berenberg Bank | Reiteration | 3960p | 0p | 4900p | Buy |
29th Sep 2023 | Citigroup | Reiteration | 4112p | 4973p | 5055p | Buy |
28th Jul 2023 | Shore Capital | Reiteration | 4386p | 0p | 0p | Hold |
17th Jul 2023 | Citigroup | Reiteration | 4120p | 0p | 3900p | Sector perform |
25th May 2023 | RBC Capital Markets | Reiteration | 4218p | 0p | 3900p | Sector perform |
Time & Sales
Sorry, sales information on this investment is not available at this time.