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Intertek on track to meet full-year targets as year-to-date revenue rises | 26 May 2021


26 May 2021 | 07:27am
StockMarketWire.com - Quality Assurance provider Intertek said it was track to met full-year targets as revenue grew in the first fourth months of the year, led by performance in its products division.
For the period from 1 January to 30 April, like-for-like revenue grew 2.7%, with the products division delivering a robust 7.4%.
In the March to April period, group like-for-like revenue accelerated to 9.3% at constant currency with the products division recording LFL revenue growth of 13.8% and the trade division growing 5.3%
Looking ahead, the company said it was on track to deliver 2021 targets in revenue, margin accretion and free cash flow. ....

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Intertek agrees to acquire SAI Global Assurance for A$855m | 13 May 2021


13 May 2021 | 08:22am
StockMarketWire.com - Total quality assurance provider Intertek said it had agreed to acquire SAI Global Assurance, a provider of assurance services, for A$855 million.
With the acquisition of SAI Global Assurance, we continue to strengthen our TQA (total quality assuance) value proposition by scaling up our Assurance business in complementary geographies such as Australia and the UK, the company said.
We believe the combined organisation will have an improved ability to deliver a superior service to customers across industries and geographies, while benefitting from operational and cost efficiencies, it added.
At 8:22am: [LON:ITRK] Intertek Group PLC share price was 0p at 6078p ....

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Arkle Resources says drilling at Mine River project to get underway on 26 April | 22 April 2021


22 April 2021 | 09:47am
StockMarketWire.com - Exploration and development company Arkle Resources said drilling is due to commence at its Mine River project in Counties Wicklow and Wexford in Ireland.
The company is targeted a 12 hole drill programme that would begin on 26 April.
The first thee holes to be drilled would focus on a new area 750 metres from previous discoveries where visible gold was found in recent trenching, the company said.
Drilling is expected to take 10 to 12 weeks. Core analysis will be ongoing, it added.
At 9:47am: [LON:ARK] share price was 0p at 1.02p
Story provided by StockMarketWire.com ....

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