Fri, 23rd Mar 2018 18:28
Fundsmith held 8.2 million shares in Intertek after the transaction, equivalent to a 5.1% stake. The stake of Fundsmith prior to the transaction was not disclosed.
The transaction came after Intertek hiked its full-year dividend on March 6 after 2017 profit and revenue both grew strongly despite its resources unit experiencing declines as it continued to target faster growth in 2018 and beyond.
In 2017, pretax profit rose 15% to
Shares in Intertek closed 2.5% higher at
(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and on Monday:
(Alliance News) - Stock prices in London closed mixed on Friday, with the FTSE 100 finishing lower, but smaller indices ending in the green.
(Sharecast News) - London stocks closed with mixed results on Friday, influenced by earlier declines in the US and Asian markets, as investors reacted...
(Alliance News) - Stock prices in London were mostly in the red at midday Friday, as the UK election debate heats up and retail sales come in below ex...
(Alliance News) - Intertek Group PLC on Friday reiterated financial guidance as it reported healthy, broad-based sales growth in 2024 to date.
Intertek Group (ITRK)