Intertek declares a 7.2% increase in half year dividend payment

DividendMax Ltd.

Intertek declares a 7.2% increase in half year dividend payment

A 7.2% increase in the half-year dividend payment has been declared, rising from 31.9p per share to 34.2p

Other financial highlights include:

Robust group revenue of £1.443bn: +4.9% at constant rates, +7.0% at actual rates

Broad based organic revenue growth of +3.0% at constant rates: Products +2.1%, Trade +5.1%, Resources +3.5%

1.9% revenue growth from acquisitions in attractive growth and margin sectors 

6.8% increase in adjusted operating profit at constant rates, +7.9% at actual rates

Continuous adjusted margin progression: +30bps at constant rates, +10bps at actual rates

Robust adjusted diluted EPS growth: +6.0% at constant rates, +7.2% at actual rates

Diluted EPS growth of +2.9% at constant rates, +4.8% at actual rates

Strong operating cash flow of £218.9m, +11.9% vs. last year

Companies mentioned