Operator

Good day, ladies and gentlemen, and welcome to Intertek’s Strategic Review and 2026 Q1 Trading Update. [Operator Instructions] I would like to remind all participants that this call is being recorded. I will now hand over to Andre Lacroix, Chief Executive Officer, to start the presentation.

André Lacroix
CEO & Director

Good morning to you all, and thanks for joining us on our call. I would like to welcome Laura Crespi, our new CFO on our call today. And of course, Denis Moreau, our VP of Investor Relations, is also on the call with us. There are 3 main takeaways in our call today.

First, we are announcing the start of the strategic review to determine whether we can accelerate growth and drive further shareholder value by creating 2 specialist scale global ATIC businesses, Intertek Testing and Assurance and Intertek Energy and Infrastructure.

The second key point on today’s agenda, we had a strong start to the year with a robust like-for-like revenue growth at 5.4% constant currency in the first quarter.

And the third important message, we are confirming our full year guidance. We are on track to deliver a strong 2026 with mid-single-digit like-for-like revenue growth at constant currency, continuous margin progression, strong earnings growth and a strong free cash flow. I’d like to start

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