Jul 29, 2022 / 06:45AM GMT
Operator
Hello, and welcome to the Intertek 2022 Half Year Results. My name is Jess, and I'll be your coordinator for today's event. (Operator Instructions). I will now hand over to your host, Andre Lacroix, to begin today's call.
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 Jonathan Timmis, our CFO; and Denis Moreau, our VP of Investor Relations. There are 5 takeaways in our today's presentation. The first takeaway is that the group delivered a robust financial performance in H1, notwithstanding the impact of lockdown restrictions in China, we delivered at constant currency, a revenue growth of 9.5%, like-for-like revenue growth of 4.9%, and EPS growth of 6.7%, a robust free cash flow and an excellent ROIC. Outside of China, the group delivered like-for-like growth of 7.1%, one of the best like-for-like performance for many years at Intertek, a double-digit operating profit growth and importantly, a 20% -- 20 basis point margin accretion.
The second takeaway
Half Year 2022 Intertek Group PLC Earnings Call Transcript
Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis | |
30-Year Financial on one screen | |
All-in-one Stock Screener with unlimited filters | |
Customizable Stock Dashboard | |
Real Time Insider Trading Transactions | |
8,000+ Institutional investors’ 13F holdings | |
Powerful Excel Add-in and Google sheets Add-on | |
All data downloadable | |
Quick customer support | |
And much more... |
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot