Tribe Technology set to deliver healthy pipeline of orders from Tier-One miners. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksIntertek Group Share News (ITRK)

Share Price Information for Intertek Group (ITRK)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 4,794.00
Bid: 4,812.00
Ask: 4,816.00
Change: 46.00 (0.97%)
Spread: 4.00 (0.083%)
Open: 4,868.00
High: 4,884.00
Low: 4,794.00
Prev. Close: 4,748.00
ITRK Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Tuesday newspaper share tips: Intertek, De la Rue

Tue, 02nd Aug 2016 15:13

(ShareCast News) - Shares in Intertek have rocketed since their flotation in 2002 despite which they remain relatively unknown to most investors. Nonetheless, while growth prospects for the testing, inspecting and certification outfit are still good, the shares are best avoided, The Times´s Tempus said.Indeed, take out the benefits from acquistions and sales at its resources divisions - which accounted for one sixth of of profits during the boom years - dropped 11% at the half-year stage.However, profits at the products division galloped ahead by 22%.On the company boss´s Andre Lacroix´s estimates, just $50bn of the testing specialist´s $250bn market had been outsourced.Lacroix also held that the company´s scale gave it an advantage when negotiating with the largest firms and helps provide it with the firepower necessary to continue innovating.Even so, "this business is riskier than it looks", so 'hold' Tempus said. Financial Times' Lex column is backing cash to come good for banknote producer De La Rue.The company makes cash for clients such as the Bank of England yet experienced troubles in 2014 resulting in mixed results and a tumbling share price.De La Rue went through somewhat of an overhaul around that time, with Martin Sutherland taking over as chief executive, after selling his own cash processing business in May of that year.Around 6bn banknotes are typically printed per year by the company to distribute to banks, significantly less than before Sutherland took over two years ago, but more in line with current demand.Citigroup estimates that this consolidation will generate an extra £40m in savings over the next three years.Despite many predictions that cash itself is on the way out as banks and companies move towards more digitised methods for transactions, Lex believes that this will not be the case any time soon.Before the British referendum on its membership of the European Union, the European Central Bank reported that demand for cash was growing by at least 5% per year in most of Europe.De La Rue also prints passports, and reports suggest that sales could be boosted by as much as £200m.Shares in the company have risen by 40% this year already.The market signs are good, and may well show De La Rue investors coming away with more of the very product it produces, Lex concluded.
More News
6 Mar 2019 14:36

FTSE 100 movers: DS Smith rallies on disposal; Burberry hit by downgrade

(Sharecast News) - London's FTSE 100 was up 0.1% to 7,189.69 in afternoon trade on Wednesday.

Read more
6 Mar 2019 10:53

WINNERS & LOSERS SUMMARY: Tobacco Stocks Rise As US FDA Chief Resigns

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Wednesday.----------FTSE 100 - WINNERS----------DS up it

Read more
5 Mar 2019 16:53

LONDON MARKET CLOSE: FTSE 100 Outperforms As Pound Falls After UK PMI

LONDON (Alliance News) - Concerns over the UK's economic growth following some subdued service sector data caused the pound to decline on Tuesday, in turn allowing the FTSE 100 to trump its UK

Read more
5 Mar 2019 12:00

LONDON MARKET MIDDAY: Pound Softens After UK PMI; GVC Helps Lift FTSE

LONDON (Alliance News) - The FTSE 100 was enjoying a second consecutive session in the green on Tuesday, helped by gains from GVC Holdings, Vodafone and In a was

Read more
5 Mar 2019 10:47

WINNERS & LOSERS SUMMARY: Debenhams Down After Fresh Profit Warning

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Tuesday.----------FTSE 100 - Group, up 2.0%. The telecommunications firm

Read more
5 Mar 2019 08:52

LONDON MARKET OPEN: Stocks Down As China Forecasts Slower Growth

LONDON (Alliance News) - Stocks in London opened lower on Tuesday after China cut its growth targets and predicted weaker economic growth ahead amid its trade spat with the US, while the pound was

Read more
5 Mar 2019 08:22

TOP NEWS: Intertek Hikes 2018 Payout 40% On Strong Profit Growth

LONDON (Alliance News) - Safety-testing firm Intertek PLC hiked its 2018 dividend by two fifths on Tuesday after profit growth surpassed analyst expectations and it continues to expect growth in a

Read more
5 Mar 2019 07:58

Intertek profit rises amid growing demand

(Sharecast News) - Product testing and inspection group Intertek posted a jump in 2018 profit on Tuesday as revenue rose amid growing demand.

Read more
5 Mar 2019 07:42

LONDON MARKET PRE-OPEN: Lower Call; Direct Line Cuts Annual Payout 25%

LONDON (Alliance News) - Stock prices in London are seen opening marginally lower on Tuesday, amid mixed trading in Asia, after China lowered its economic growth target for 2019 and warned of in a

Read more
26 Feb 2019 16:08

UK Earnings, Trading Statements Calendar - Next 7 Days

Wednesday 27 February ITVFull Year ResultsRio TintoFull Year Results (at 0600 James's

Read more
22 Feb 2019 09:37

BROKER RATINGS SUMMARY: Sainsbury's Gets More Downgrades

LONDON (Alliance News) - The following London-listed shares received analyst recommendations on Thursday and on Friday morning:----------FTSE 100----------UBS CUTS J TO

Read more
21 Feb 2019 16:58

LONDON MARKET CLOSE: Centrica, BAE Systems Losses Send FTSE 100 Lower

LONDON (Alliance News) - Stocks in London closed mostly lower on Thursday, with the FTSE 100 hurt by declines in Centrica and BAE Systems, while shares also after

Read more
21 Feb 2019 15:04

Thursday broker round-up

(Sharecast News) - Sainsbury: Berenberg downgrades to hold with a target price of 235p.

Read more
21 Feb 2019 10:52

WINNERS & LOSERS SUMMARY: Purplebricks Shares Sink As It Cuts Guidance

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Thursday.----------FTSE 100 - up 3.2%. The lender raised its dividend and

Read more
21 Feb 2019 08:37

LONDON MARKET OPEN: Centrica And BAE Sink After Results, Barclays Up

LONDON (Alliance News) - Stocks in London started Thursday's session on a soft note, with Centrica and BAE Systems among the worst performers in the FTSE 100

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.