Intertek Group (LON:ITRK) Issues Earnings Results

Intertek Group (LON:ITRK) issued its quarterly earnings results on Tuesday. The company reported GBX 255.90 earnings per share (EPS) for the quarter, Digital Look Earnings reports. Intertek Group had a net margin of 10.66% and a return on equity of 28.61%.

Here are the key takeaways from Intertek Group’s conference call:

• Strong 2025 results — 4.3% constant‑currency revenue growth was converted into 10.1% EPS growth, operating margin widened 90bps to 18.1%, cash conversion was 110% and the group returned £602m to shareholders.
• Confident 2026 guidance — management expects mid‑single‑digit like‑for‑like revenue growth, further margin progression (upside to >18.5%), strong earnings growth and continued strong cash generation, with CapEx guidance of £150–160m and net debt guidance of £930–980m.
• Growth via acquisitions — Intertek is prioritizing value‑accretive bolt‑on M&A (seven recent deals, e.g., Aerial PV and QTEST) to expand ATIC capabilities and is opting to deploy capital into targeted deals rather than new buybacks while maintaining leverage around the 1.3x target.
• Cash flow and one‑offs — adjusted cash from operations fell to £762m and adjusted free cash flow to £352m due to translation, higher interest, tax and increased CapEx, and restructuring charges persist (management expects only ~£8m of recurring benefit in 2026 from recent actions).

Intertek Group Stock Down 16.1%

ITRK stock opened at GBX 3,976.68 on Tuesday. The stock has a market cap of £6.11 billion, a P/E ratio of 17.79, a PEG ratio of 1.99 and a beta of 0.65. The company has a current ratio of 1.34, a quick ratio of 1.19 and a debt-to-equity ratio of 128.18. Intertek Group has a twelve month low of GBX 3,970 and a twelve month high of GBX 5,575. The company’s 50 day moving average is GBX 4,556.92 and its two-hundred day moving average is GBX 4,691.05.

Analyst Upgrades and Downgrades

Separately, Citigroup lifted their price objective on shares of Intertek Group from GBX 5,791 to GBX 5,833 and gave the stock a “buy” rating in a research report on Thursday, November 27th. Three analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of GBX 5,355.50.

About Intertek Group

Intertek is a leading Total Quality Assurance provider to industries worldwide.

Our network of more than 1,000 laboratories and offices in more than 100 countries, delivers innovative and bespoke Assurance, Testing, Inspection and Certification solutions for our customers’ operations and supply chains.

Intertek is a purpose-led company to Bring Quality, Safety and Sustainability to Life. We provide 24/7 mission-critical quality assurance solutions to our clients to ensure that they can operate with well-functioning supply chains in each of their operations.

Our Customer Promise is: Intertek Total Quality Assurance expertise, delivered consistently, with precision, pace and passion, enabling our customers to power ahead safely.