The Intertek Group plc Board has approved an interim dividend of 57.3p per share, which is an increase of 6.3% compared to the prior year (H1 24: 53.9p), reflecting growth in adjusted diluted earnings per share and in line with their dividend policy based on a payout ratio of c. 65% of earnings. The dividend will be paid on 7 October 2025 to shareholders on the register on 12 September 2025.
Other financial highlights include:
• Revenue of £1,673m, +4.5% at constant currency, and +0.2% at actual rates
• Robust LFL revenue growth of 4.5%: Consumer Products 7.9%, Corporate Assurance 8.2%, Health and Safety 3.2%, Industry and Infrastructure 3.0%, and stable LFL in the World of Energy.
• Recent acquisitions in attractive growth and margin segments performing well
• Adjusted operating profit of £276.3m, +9.7% at constant currency and +4.2% at actual rates
• Strong adjusted margin progression of 80bps driven by mix, pricing, operating leverage, cost control, productivity gains and margin accretive investments
• Strong EPS growth: +12.6% in adjusted EPS at constant currency and +6.3% at actual rates
• Excellent cash conversion of 118% delivers a strong adjusted operating cash flow of £266m
• Increased investments in growth: capex up 11% Year-on-Year and acquisition of TESIS in Brazil
• Continued investments in developing industry-leading ATIC innovations: SupplyTek and AI in H1 25
• £350m share buyback programme started in March with £187m already repurchased (4 million shares)
• Excellent progress on ROIC to 22.5% up +170bps at constant currency reflecting the compounding effect of their continuous strong earnings performance and their accretive disciplined capital allocation policy
• Strong FY 2025 expected with mid-single digit LFL revenue growth at constant currency, margin progression, well supported by superior growth in Consumer Products and Corporate Assurance, their two most profitable divisions, and strong free cash flow
