Full Year 2025 Intertek Group PLC Earnings Call Transcript
Key Points
- Intertek Group PLC (IKTSF) achieved a third consecutive year of double-digit EPS growth, with a 10.1% increase in 2025.
- The company reported a strong operating margin of 18.1%, up by 90 basis points year-on-year.
- Cash conversion was excellent at 110%, enabling significant investments and shareholder returns.
- Intertek Group PLC (IKTSF) increased its dividend per share by an average of 17% per year over the last three years.
- The company made strategic acquisitions that are performing well, contributing to a high-margin of 34% in 2025.
- Revenue growth was modest at 4.3% at constant currency and only 1.1% at actual rates due to currency impacts.
- The World of Energy division experienced a decline in revenue, attributed to a demanding base and a slowdown in transportation technology.
- Adjusted free cash flow decreased to GBP352 million, impacted by lower cash from operations and higher interest costs.
- Restructuring charges increased significantly, with the highest run rate seen in several years.
- The Health & Safety division faced challenges with negative growth in chemical and pharma sectors due to project delays.
Good day, ladies and gentlemen, and welcome to Intertek full year results 2025. (Operator Instructions) I would like to remind all participants that this call is being recorded. (Operator Instructions) I will now hand over to Andre Lacroix, Chief Executive Officer, to start the presentation.
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.
2025 marked the third consecutive year of double-digit EPS growth, and I would like to start our presentation today by recognizing all of my colleagues around the world for the strong delivery of our AAA differentiated strategy for growth. Here are the key takeaways for our call today.
In 2025, we have converted a 4.3% revenue growth into 10.1% EPS growth with a strong margin progression of 90 basis points. Cash conversion was excellent at 110%, providing us with the funds to invest GBP300 million and returned GBP602 million to our
| 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... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
