Intertek Group PLC AGM Trading Statement Call Transcript

Feb 13, 2024

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May 24, 2023 / 06:45AM GMT
Operator

Hello, and welcome to the Intertek May 2023 Trading Update Conference Call. Please note, this call is being recorded. (Operator Instructions) I will now hand you over to Andre Lacroix, CEO, to begin today's conference. Please go ahead.

Andre Pierre Joseph Lacroix - Intertek Group plc - CEO & Director

Good morning to you all, and thanks for joining us on our call. I have with me, Colm Deasy, our CFO; and Denis Moreau, our VP of Investor Relations. There are 3 takeaways from our call today. First, our strong portfolio is delivering faster like-for-like revenue growth, benefiting from increased demand for our ATIC solutions. Second, our China business rebounded strongly after Chinese New Year, following the relaxation of the COVID restrictions in January, and third, we are making good progress on revenue, margin and cash. We are confirming our '23 guidance of mid-single-digit like-for-like revenue growth at constant currency with margin accretion in H1 and H2 and strong cash.

Let's discuss the performance by business line. Our products businesses

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