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Intertek Group PLC (IKTSF) CEO André Lacroix on Q4 2019 Results - Earnings Call Transcript

Mar. 03, 2020 11:19 PM ETIntertek Group plc (IKTSF), IKTSY
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Intertek Group PLC (OTCPK:IKTSF) Q4 2019 Earnings Conference Call March 3, 2020 3:00 AM ET

Company Participants

Ross McCluskey - CFO

André Lacroix - CEO

Conference Call Participants

Sirasimi Varanasi - Goldman Sachs

Paul Sullivan - Barclays

Edward Stanley - Morgan Stanley

Tom Sykes - Deutsche Bank

Rory McKenzie - UBS

David Root - Bank of America

Ed Steele - Citi


Hello and thank you for staying connected. We apologize for the delay and welcome you to the Intertek 2019 Full Year Results Conference Call. My name is Rosie and I'll be your coordinator for today's event. Please note that we are recording this conference and for the duration, your lines will be on listen-only however, you will have the opportunity to ask questions at the end. [Operator Instructions] I will now hand you over to André Lacroix to begin today's conference. Thank you.

André Lacroix

Good morning to you all and thanks for joining our conference call. Apologies again for the slight delay this morning. Your patience is highly appreciated and I know it's a busy day for all of you. Ross McCluskey our CFO; and Denis Moreau our VP of Investor Relations are with me on the call. This morning, as you saw at 7:00 o'clock, we announced a very strong set of results for 2019 with revenue acceleration progression in terms of multicultural currency, robust EPS growth, strong cash generation and a higher return on invested capital. 2019 marks the fifth consecutive year for Intertek of an EPS delivery ahead or in line with external expectations. We are extremely pleased with the consistent performance of the group in the last five years, delivering value for all of our stakeholders, inspired our purpose or bringing quality, safety and sustainability to life.

Today, I'll start with a performance highlights

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