OverviewSuggest Edit

Intertek provides quality and safety solutions to various industries. It operates through three segments. The Products segment offers assurance, testing, inspection, and certification services. The Trade segment provides cargo inspection, analytical assessment, calibration, and related research and technical services to the petroleum and biofuels industries; inspection services to governments and regulatory bodies to support trade activities; and analytical and testing services to agricultural trading companies. The Resources segment offers technical inspection, asset integrity management, analytical testing, and ongoing training services for the oil, gas, nuclear, and power industries.

TypePublic
Founded1885
HQLondon, GB
Websiteintertek.com
Employee Ratings2.7

Latest Updates

Employees (est.) (Feb 2019)43,000
Revenue (FY, 2018)£2.8 B(+2%)
Share Price (Oct 2017)£53.5

Key People/Management at Intertek

Gurnek Bains

Gurnek Bains

Non-Executive Director
André Lacroix

André Lacroix

Chief Executive Officer
Louise Makin

Louise Makin

Non-Executive Director
Ross McCluskey

Ross McCluskey

Chief Financial Officer
Andrew Martin

Andrew Martin

Non-Executive Director
Diane Bitzel

Diane Bitzel

Group Chief Information Officer
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Intertek Office Locations

Intertek has an office in London
London, GB (HQ)
33 Cavendish Square
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Intertek Financials and Metrics

Intertek Revenue

Intertek's revenue was reported to be £2.80 b in FY, 2018
GBP

Revenue (FY, 2018)

2.8b

Net income (FY, 2018)

305.2m

EBITDA (FY, 2018)

549.5m

EBIT (FY, 2018)

436.2m

Market capitalization (31-Oct-2017)

8.7b

Closing stock price (31-Oct-2017)

53.5

Cash (31-Dec-2018)

206.9m
Intertek's current market capitalization is £8.7 b.
GBPFY, 2001FY, 2002FY, 2003FY, 2004FY, 2005FY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

451.4m461.1m471.1m499.6m580.1m664.5m775.4m1.0b1.2b1.4b1.7b2.1b2.2b2.1b2.2b2.6b2.8b2.8b

Revenue growth, %

2%2%6%16%15%17%29%23%11%27%17%6%(4%)3%18%8%

Cost of goods sold

354.9m356.3m364.2m385.0m447.6m523.6m615.9m792.6m965.4m

Gross profit

96.5m104.8m106.9m114.6m132.5m140.9m159.5m210.9m271.9m
GBPFY, 2001FY, 2002FY, 2003FY, 2004FY, 2005FY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

23.7m70.6m81.5m52.5m50.8m49.5m58.6m113.3m134.2m217.0m181.9m166.5m116.4m119.5m141.1m175.6m137.0m206.9m

Accounts Receivable

85.5m85.7m87.3m87.0m115.9m120.4m147.5m219.4m203.7m235.7m320.6m362.2m358.5m368.1m413.7m472.8m469.5m485.2m

Prepaid Expenses

118.9m120.9m

Inventories

1.8m1.5m1.4m1.5m3.1m3.2m4.0m8.2m7.6m9.9m12.3m12.3m12.2m14.7m16.1m19.1m18.3m18.3m
GBPFY, 2001FY, 2002FY, 2003FY, 2004FY, 2005FY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

(10.3m)37.9m51.8m55.5m60.7m68.9m78.8m102.2m123.7m139.0m151.1m188.2m217.0m190.4m(347.0m)271.6m306.4m305.2m

Depreciation and Amortization

103.5m109.4m

Inventories

(500.0k)

Accounts Payable

21.9m46.0m
GBPY, 2018

Revenue/Employee

65.1k

Financial Leverage

3 x
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Intertek Operating Metrics

Intertek's Customers was reported to be 200 k in FY, 2014.
FY, 2014FY, 2015FY, 2016

Audits per Year

90 k100 k

Countries

100 100 100

Customers

200 k

Laboratories

1 k1 k1 k
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Intertek Revenue Breakdown

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Intertek revenue breakdown by business segment: 58.7% from Products, 23.4% from Trade and 17.9% from Resources

Intertek revenue breakdown by geographic segment: 31.2% from United States, 19.1% from China (including Hong Kong), 6.6% from United Kingdom and 43.1% from Other Countries and Unallocated

Human Capital Metrics

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Intertek Online and Social Media Presence

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Intertek News and Updates

Intertek Opens State-of-the-Art Transportation Technologies Laboratory in San Antonio

San Antonio – Intertek, a leading Total Quality Assurance provider to industries worldwide is pleased to announce, the opening of a new laboratory building in San Antonio, housing its Transportation Technologies services. The new laboratory building offers an expanded, 135,000-square-foot state-of-t…

Businesses Want Clarity and Guidance Amidst High Volume of Sustainability Reporting Standards, New Intertek Research Finds

LONDON, Sept. 13, 2019 /PRNewswire/ -- Almost three-quarters of UK companies believe there are too many ESG reporting standards and measures, with 85 per cent calling for greater clarity, according to new research from Intertek. Sustainability has become a mainstream concern for...

Intertek Launches Ground-breaking Total Sustainability Assurance to Support Its Clients' End-to-end Sustainability Commitment

Given broad-based and ever higher stakeholder expectations, corporations recognise that their commitment to sustainability must be end-to-end and that ESG* is necessary but not sufficient. Sustainability has to start at the heart of the company's operations - where quality, safety and...

Intertek Continues Commitment to Total Quality Assurance Receiving Three More Industry-Recognised Accreditations

Darwin, Australia – Intertek, a leading Total Quality Assurance provider to industries worldwide, is pleased to announce its Darwin branch has received multiple accreditations from Total Quality Certification Services International (TQCSI) and National Association of Testing Authorities (NATA).  The…

Global Food Safety Testing Market 2019-2025 - Featuring SGS, Eurofins Scientific, Intertek Group, Bureau Veritas, ALS Limited, TV SD, TV Nord Group, AsureQuality, and Laboratory Corp of America

DUBLIN, June 27, 2019 /PRNewswire/ -- The "Food Safety Testing Market, Volume, Forecast & Global Analysis, By Contaminants, Technology, Regions,and Companies" report has been added to ResearchAndMarkets.com's offering. Global Food Safety Testing Market is anticipated to surpass US$ 18...

Intertek Presents Latest Research on Plant-based Proteins and Labeling of Bioengineered (BE) Foods at IFT 2019

Intertek, a leading Total Quality Assurance provider to industries worldwide, will be exhibiting in the Food Expo and speaking at two educational sessions during IFT 2019, taking place in New Orleans, Louisiana from June 2-5, 2019.read more
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Intertek Frequently Asked Questions

  • When was Intertek founded?

    Intertek was founded in 1885.

  • Who are Intertek key executives?

    Intertek's key executives are Gurnek Bains, André Lacroix and Louise Makin.

  • How many employees does Intertek have?

    Intertek has 43,000 employees.

  • What is Intertek revenue?

    Latest Intertek annual revenue is £2.8 b.

  • What is Intertek revenue per employee?

    Latest Intertek revenue per employee is £65.1 k.

  • Who are Intertek competitors?

    Competitors of Intertek include SGS, Riverside Research and Intertek.

  • Where is Intertek headquarters?

    Intertek headquarters is located at 33 Cavendish Square, London.

  • Where are Intertek offices?

    Intertek has an office in London.

  • How many offices does Intertek have?

    Intertek has 1 office.