Intertek Group PLC reported a resilient first-half performance with increased pre-tax profit, but trimmed growth expectations and foreign exchange pressures have impacted its outlook.
Intertek Group PLC has reported a 10% increase in pre-tax profit to £226.5 million, defying global economic turmoil and bucking the trend of the FTSE 100’s decline.
Intertek Group PLC’s stock price has declined, despite the expected growth of the global healthcare analytical testing services market, which the company’s services are likely to benefit from.
Intertek Group PLC has achieved a major milestone in network security certifications, awarding the RED certification to smart TV products from Zhejiang Zhaosheng Electronics Co., Ltd.
Intertek Group PLC’s stock price has declined, but the company has received a boost with the award of the European Union’s RED network security certification to several smart TV products.
Intertek Group PLC’s stock price surges to a new high due to growing demand for its environmental testing services, driven by increasing awareness of environmental issues and stringent regulations.
Intertek Group PLC has launched Intertek AI², the world’s first comprehensive AI assurance programme, to address the risks and opportunities associated with artificial intelligence.