Trading Statement

Intertek Group PLC 25 June 2007 25 June 2007, 7:00am (UK) Pre-close Trading Statement Intertek Group plc ('Intertek'), the leading international provider of quality and safety services to a wide range of industries, today reports on trading ahead of entering the close period for the six months ending 30th June 2007. The interim results will be announced on Monday 3rd September 2007. The Group is expected to perform well in the first half. Growth in global trade and increased demand for quality and safety services internationally continue to stimulate good growth in Intertek's industries and service lines. Through a strategy of offering added-value services to customers' products and processes and supporting them in their global trade, Intertek is continuing to gain from these positive industry trends. Consumer Goods continues to perform well in all major lines, with the increased textiles, toys and hardlines exports from China and Asia to the West driving the growth. Last year the division benefited from an increase in testing from the new European Union legislation on Restriction of Hazardous Substances (RoHS). Subsequent limited enforcement of the legislation has reduced RoHS testing such that the divisional margin in the first half will be slightly lower compared to last year. The Commercial & Electrical division is performing well in all three global regions and has successfully increased market share and recognition of the ETL mark in the US over the period. There has been a turnaround in the automotive components testing business which is no longer declining and is now showing positive growth, although is still below the divisional average. The division is expected to benefit from increased testing and certification for energy efficiency, particularly on lighting and electrical products manufactured in Asia. The recently acquired business including the ASTA and BEAB certification marks further strengthens Intertek's existing mark portfolio and ability to provide manufacturers with seamless global market access. The strong performance in the Oil, Chemical and Agri division has been driven by high demand and trade in petroleum products, alongside the growth in biofuels and ultra low sulphur diesel and the continued success of the outsourcing strategy in the analytical services sector. Analytical services now account for over 50% of the division by revenue. Acquisitions in the upstream oil and gas market, minerals and pharmaceutical sectors this year are expanding the service range to existing customers and bringing new business into the network. Good market conditions and increased testing volumes in higher margin analytical services will result in another period of positive margin up-lift in the first half. The Government Services division is growing well on an underlying basis. As anticipated it will report an overall decline in revenue and profit due to the inclusion of three months revenue and profit from the discontinued Nigeria contract in 2006. There are good prospects for continuing the diversification of the revenue stream away from pre-shipment inspection. As previously announced, the level of external and internal investment has increased and over £50 million has been spent on six acquisitions so far this year. All of these are bringing additional services into the group or expansion into new regions. The Group also continues to develop new services internally and, by the end of the first half of 2007, approximately £1 million will have been spent. Internal and external investments will ensure new growth opportunities are captured. With approximately 80% of the Group's earnings in US dollar and US dollar related currencies, and the US dollar being currently 11% weaker against sterling than this time last year, on translation the results will be negatively impacted in the first half. The Board is pleased with the continuing good progress the group is making in capturing the growth in the industry and expect the results for the year to be in line with expectations. -ends- Contacts Aston Swift Telephone: +44 (0) 20 7396 3400 aston.swift@intertek.com Richard Mountain / Susanne Yule, Financial Dynamics Telephone: +44 (0) 20 7831 3113 richard.mountain@fd.com / susanne.yule@fd.com Notes to Editors ABOUT INTERTEK Intertek is the leading international provider of quality and safety services to a wide range of global and local industries. Partnership with Intertek brings increased value to customers' products and processes, ultimately supporting their success in the global market place. Intertek has the experience, expertise, resources and global reach to support its customers through its network of 930 laboratories and offices and over 18,000 people in 109 countries around the world. This information is provided by RNS The company news service from the London Stock Exchange
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