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Intertek: growth pause, not quite a bargain yet
Some of this is self-inflicted (exiting low margin business) some due to low growth in the Energy segment, but 0.3% organic growth for the first 4 months isn’t good enough against guidance of +2-3% for...
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On the short side we remain structural sellers of Swatch, Elekta and Essilor and we added to our recent cautious comments on Schibsted on Saturday. We see little reason to change on Edenred. Riccardo...
View ArticleIntertek: 1H 2014
Intertek reported revenues slightly light of expectations at £1.02bn, but EPS ahead by 3.7% at 61.2p (a 1.1% decline from the prior year). On a constant currency basis the firm actually increased EPS...
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