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Intertek posts 2017 Half Year Results

IIOC member Intertek posts its 2017 Half Year results, including Group revenue up 2.7% at constant rates, +13.9% at actual rates to £1.372bn.

Notably within this is, ‘Business Assurance business delivered double digit organic revenue growth as we continue to benefit from the increased focus of corporations on risk management, resulting in strong growth in Supply Chain Audits’.

Commenting on the prospects for Intertek and the $250 billion global quality assurance (TIC) industry, Intertek note that, ‘the global Quality Assurance market will benefit from attractive growth prospects driven by an increased focus of corporations on risk management, global trade flows, global demand for energy, expanding regulations, more complex sourcing and distribution operations, technological innovations, government investments in large infrastructure projects, and increased consumer demand for higher quality and more sustainable products.’

All details can be seen at this link Intertek 2017 Half Year Results Announcement.

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