Intertek Group PLC

ITRK: XLON (GBR)

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Lowering Valuation of Testing, Inspection, and Certification Firms Bureau Veritas, SGS, and Intertek

Ben Slupecki

Jul 7, 2025

The potential for higher tariffs to harm global growth and the potential impact of the United States' regulations on testing demand are headwinds affecting the testing, inspection, and certification, or TIC, industry in the rest of 2025 and 2026.

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We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions. Our investment management business generates asset-based fees, which are calculated as a percentage of assets under management. We also sell both admissions and sponsorship packages for our investment conferences and advertising on our websites and newsletters.

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Maintaining independence and editorial freedom is essential to our mission of empowering investor success. We provide a platform for our authors to report on investments fairly, accurately, and from the investor’s point of view. We also respect individual opinions––they represent the unvarnished thinking of our people and exacting analysis of our research processes. Our authors can publish views that we may or may not agree with, but they show their work, distinguish facts from opinions, and make sure their analysis is clear and in no way misleading or deceptive.

To further protect the integrity of our editorial content, we keep a strict separation between our sales teams and authors to remove any pressure or influence on our analyses and research.

Read our editorial policy to learn more about our process.

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Intertek Group PLC

Lowering Valuation of Testing, Inspection, and Certification Firms Bureau Veritas, SGS, and Intertek

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