trending Market Intelligence /marketintelligence/en/news-insights/trending/Q-xuiZv6nOO7NrQfH9mz1g2 content esgSubNav
In This List

Intertek Group profit misses consensus by 17.5% in H1

Blog

Europe: 5 key OTT trends to watch in 2022

Podcast

Next in Tech | Episode 50: InfoSec spending up, again…

Blog

Broadcast deal market recap 2021

Podcast

Next in Tech | Episode 49: Carbon reduction in cloud


Intertek Group profit misses consensus by 17.5% in H1

Intertek Group plc said its normalized net income for the first half amounted to 73 Great British pence per share, compared with the S&P Capital IQ consensus estimate of 89 pence per share.

EPS climbed 24.2% year over year from 59 pence.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was £119.2 million, a gain of 24.4% from £95.8 million in the year-earlier period.

Total revenue grew 13.9% on an annual basis to £1.37 billion from £1.20 billion, and total operating expenses climbed 12.5% from the prior-year period to £1.15 billion from £1.02 billion.

Reported net income rose 18.1% from the prior-year period to £134.3 million, or 83 pence per share, from £113.8 million, or 70 pence per share.