Intertek profit up over 2013
INTERTEK yesterday revealed a two per cent yearly profit rise, up to £315m before tax in 2013 from £308m in the year before.
The FTSE 100 firm, which tests and certifies the safety of consumer products, said revenue increased by six per cent to £2.2bn and cash flow increased by 14 per cent to £394m.
In a year that chief exec Wolfhart Hauser said had “variable conditions” the firm spent £122m on acquisitions and £145m on capital investment.