Intertek profit jumps in H1 on strong end to half

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Intertek reported a jump in first-half profit following strong performance in May and June.

For the six months ended 30 June, pre-tax profit climbed by 29.3% to £169.1 million year-on-year, while revenue fell 1% to £1.32 billion.

The company approved an interim dividend of 34.2p per share, which is in-line with the prior year.

Looking ahead, the company said it expect its products division, which represents about 85% of our earnings, to deliver robust like-for-like revenue growth at constant currency in 2021.