BUZZ-Intertek: bounces after testing times

** Shares in product testing co Intertek, whichhave sustained heavy losses on oil price plunge, in grasp of3.5-mth highs as posts broadly in-line FY & marginally improvedoutlook

** Stock, up 3.2 pct, top FTSE 100 riser & mostactively traded stock on index with a third of 90-day daily avgvolume having gone through

** Posts FY2014 EPS of 132.1p vs consensus of 132.8p

** Co helped by demand for testing in the textile,electrical & building products sectors

** In 2015 expects organic revenue growth rate to improvegradually vs 2014 growth rate, & further out expects near-termnegative headwinds in its oil & gas capex business to ease

** Co, the most heavily exposed to oil & gas of its peers,has lost 16 pct of its value since mid-May peak; contrasts withrespective drops of 9.6 pct & 13 pct at Bureau Veritas & SGS over period

** Goldman recently highlighted that Intertek would be a keybeneficiary of stronger US dollar vs euro

** Co tests products from barrels of oil to children's toysto check that they comply with regulations (RM: tricia.wright1.thomsonreuters.com@reuters.net)

Intertek Group