Intertek : Reassuring message for 2024 – continuing margin improvement trajectory in medium term
>Update on China, margins and capital allocation - Key takeaways from the conference call: The group said it had seen a slight sequential acceleration in its organic growth over the last two months of the year (5.8+% in Nov-Dec vs +5.1% in July-Oct) despite an unfavourable calendar effect of 1 day. The group indicated that momentum is set to gradually accelerate in consumer products (28% of sales), potentially with a more marked improvement in H2, but it did not ...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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