Intertek Group plc (ITRK) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good day, ladies and gentlemen, and welcome to Intertech Full Year Results 2025. At this time, all participants are in a listen-only mode. Later, we'll conduct a question and answer session. If you wish to ask a question, we ask that you please use the raise hand function at the bottom of your Zoom screen. If you've 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 Andre Lacroix, Chief Executive Officer, to start the presentation. Good morning to you all, and thanks for joining us on our call. I am with me, Comme Dizier, CFO, and Denis Moreau, VP of Investor Relations. 2025 marks the third consecutive year of WGTPS growth, and I would like to start our presentation today by recognizing all of my colleagues around the world for the strong delivery of our AAA differentiated strategy for growth. Here are the key takeaways from our call today. In 2095, we have converted our 4.3% revenue growth into 10.1% EPS growth with a strong margin progression of 90 basis points. Cash conversion was excellent at 110%, providing us with the funds to invest 300 million in growth and return 602 million to our shareholders. Following the launch of our AAA strategy three years ago, our earnings per share had grown two times faster than revenue, our margin progression of 240 basis points was ahead of target, and we have delivered a cumulative operating cash flow of £2.3 billion. Importantly, we have increased dividend per share by 17% per year on average in the last three years. In 2026, we're expecting a strong performance with mid-single-digit lag for algorithmic roles, ...