Intertek Group plc (ITRK) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Ladies and gentlemen, and welcome to Intertech's Strategic Review and 2026 Q1 Trading Update. At this time, all participants are in listen-only mode. Later, we will conduct a question and answer session. If you wish to ask a question, we ask that you please use the raised hand function at the bottom of your Zoom screen. If you have dialed in, please select star 9 to raise your hand and star 6 to unmute. Instructions will also follow at the time of the Q&A. I would like to remind all participants that this call is being recorded. Questions will follow after the presentation. I will now hand over to André Lacroix, Chief Executive Officer, to start the presentation. Good morning to you all, and thanks for joining us on our call. I would like to welcome Laura Christie, our new CFO on our call today, and of course, Denis Moreau, our VP of the Industrial Relations, is also on the call with us. There are three main takeaways in our calls today. First, we are announcing the start of a strategic review to determine whether we can accelerate growth and drive further shareholder value by creating two specialist-scale global AT businesses, Intertech Testing and Assurance and Intertech Energy and Infrastructure. The second key point on today's agenda, we had a strong start to the year with a robust like-for-like revenue growth at 5.4%, constant currency in the first quarter. And the third important message, we are confirming our full-year guidance. We are on track to deliver a strong 2026 with net single-digit like-for-like revenue growth as a constant currency, continuous margin progression, strong earning growth, and a strong free cash flow. I'd like to start by saying that we are truly energized by the launch of our strategic review to unleash the full potential of Intertech a...