Intertek Group PLC
06 May 2005
Intertek Group plc ('Intertek')
6 May 2005 at 7am
AGM Statement on Trading
At the Annual General Meeting of Intertek Group plc today, Vanni Treves,
Chairman, will make the following statement:
Group trading for the first three months of the year has been encouraging and in
line with expectations despite the effect on results of the US dollar and
related currencies declining by 3% against sterling.
Labtest's turnover continues to grow well in textiles, toys and hardlines
testing in China. As expected, there has been some contraction in textile
testing in Europe and America. In Caleb Brett, the cargo inspection business and
the outsourcing of analytical laboratory services are producing good growth over
last year. ETL SEMKO is performing well in all regions, with Asia continuing to
provide the fastest growth. All the main contracts in Foreign Trade Standards
are performing well.
ETL SEMKO recently acquired Omega Point Laboratories Inc (OPL) for US$4.4m. OPL
is an industry leader in fire testing of building materials based in Texas, USA.
The acquisitions made in 2004 are making a useful contribution to the results in
2005.
For further information, please contact
Aston Swift, Treasurer and Investor Relations
Telephone: +44 (0) 20 7396 3400 aston.swift@intertek.com
Tim Lynch, Tulchan Communications
Telephone: +44 (0) 20 7353 4200 tlynch@tulchangroup.com
Corporate website: www.intertek.com
High resolution images of Intertek Group plc businesses are available to
download, free of charge from www.vismedia.co.uk.
ABOUT INTERTEK
Intertek is a leading international testing, inspection and certification
organisation which assesses customers' products and commodities against a wide
range of safety, regulatory, quality and performance standards and certifies the
management systems of customers. Intertek has 294 laboratories and over 13,500
people around the world and is increasingly undertaking outsourced testing work
for its customers.
This information is provided by RNS
The company news service from the London Stock Exchange
Translate
