Last checked at 
In 2017, pretax profit rose 15% to
Intertek - a FTSE 100-listed industrial testing firm - proposed a
"The group has delivered continued progress in revenue, margin and free cash flow in 2017, reflecting the group's performance management discipline focused on margin accretive revenue growth and cash conversion to generate strong returns for our shareholders," Intertek Chief Executive Officer Andre Lacroix said.
"The Products and Trade related divisions, which represent 94% of the group's earnings, delivered an excellent performance with organic revenue growth of 4.8% at constant rates while, as expected, trading conditions remained challenging in the Resources related division," Lacroix added.
On an organic basis, revenue grew 5.5% for its Products unit, 3.0% for its Trade business and fell 8.6% for its resources unit.
On a reported basis, Products saw revenue grow 11% to
"We are confident about the structural growth prospects in the global Quality Assurance market," Lacroix said. "We are uniquely positioned to seize these attractive growth opportunities, underpinned by the increased complexities of corporate supply chains and the associated challenges of maintaining a high level of quality assurance end to end."
Intertek said the assurance industry was worth
"We are moving the company's centre of gravity towards our industry's most attractive growth and margin areas with a disciplined approach to performance management and capital allocation", Lacroix added.
Shares in Intertek were 6.3% higher at
