Intertek trading statement January-April 2025

IIOA member Intertek provides its trading statement for the period January-April 2025. Revenue grew 4.6% (constant currency) to 1,093.9m GBP, a growth of 1.2% at actual rates. Like-for-like revenue grew 4.5% (constant currency).

Intertek notes, ‘Our industry has always benefitted from attractive growth drivers, and now more than ever everyone wants to build an ever-better world which means that corporations will invest more in quality, safety and sustainability, accelerating the demand for our industry-leading ATIC solutions.

We believe that the outcome of the current discussions on tariffs will create additional growth opportunities for Intertek, as these will create new global trade routes to assure, more products to test and certify and more factories to audit and inspect.’

Within this, Corporate Assurance grew 8.9% at constant currency, 5.3% actual to 161.8m GBP. Intertek notes that for Corporate Assurance, ‘revenue growth driven by increased client investments to improve the resilience of their supply chains, the continuing corporate focus on ethical supply and the greater need for sustainability assurance.’

As regards the outlook, for 2025 Intertek report, ‘We continue to expect our Corporate Assurance division to deliver high-single digit LFL revenue growth at constant currency’, whilst for the medium to long-term, ‘Our Corporate Assurance division will benefit from a greater corporate focus on sustainability, the need for increased supply chain resilience, enterprise cyber-security, People Assurance services and regulatory assurance. Our mid to long-term guidance for Corporate Assurance is high-single digit to double-digit LFL revenue growth at constant currency.’

The full Intertek trading statement is available here.