Intertek : Reassuring message – bright outlook
>Conference call feedback - estimates marginally adjusted - Our main takeaways from the conference call are as follows: Current trading: the group said that momentum should accelerate in November and December given the more favourable base of comparison. Factoring in the figures for July to October and marginally adjusting our estimates for November and December, our estimates for organic growth for November-December rise from 5.8% to 5.9%, i.e. 6.1%e for the ful...Intertek Group provides Assurance, Testing, Inspection and Certification (ATIC) services. Co.'s segments comprised of Products, Trade and Resources. Co.'s products-related division consists of business lines that are focused on quality and safety of physical components and products, as well reducing risk through assessing the operating process and quality management systems of its customers. Co.'s trade division consists of three Global business lines, Cargo & Analytical Assessment, Government & Trade Services, and Agriculture business. Co.'s resources division consists of two business lines, Industry Services, and minerals business.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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