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Intertek Group PLC

ITRK: XLON (GBR)

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Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	GBX 4,359.00	Pckfvsy	Ryjkwwvzl

Intertek Well Positioned for Whatever 2024 Throws at It

Jan 17, 2024

Business Strategy and Outlook

Intertek is one of the largest companies globally in the testing, inspection, and certification, or TIC, sector, with global operations servicing a variety of sectors. The TIC market is highly fragmented, with many local or regional players that lack the capabilities to operate across multiple industries and geographies; as such, they struggle to successfully service the needs of multinational companies. Intertek’s scale allows the company to leverage its network of industry experts and testing sites to offer a broad service and bid for large multiyear contracts.

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