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Intertek sees opportunities in post-Covid-19 world

The quality assurance specialist has been hit by the global pandemic, but was more resilient than analysts expected
May 21, 2020

Testing, inspection and certification specialist Intertek (ITRK) saw revenue dip 4.6 per cent year on year to £882m in the four months to 30 April. Organic sales fell by 4.9 per cent at constant currencies, exceeding consensus analyst expectations of a 10.7 per cent decline, according to broker Jefferies.

IC TIP: Buy at 5,146p
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