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● Intertek Group plc ( " Intertek " or " the Group " ) , a leading Total Quality Assurance provider to industries worldwide , today releases its May Trading Update for the period from 1 January to 30 April 2021 ( " period " ) . All comparative comments in this statement reflect comparisons with the corresponding period during 2020. The Group's half year results to 30 June 2021 will be announced on 30 July 2021 . ● ● ● S ● Good start to the Year with performance accelerating in March - April Solid Group YTD LFL revenue growth of 2.7 % at constant currency with Products division delivering a robust 7.4 % Broad - based momentum acceleration in March - April with 9.3 % LFL at constant currency ; Products at 13.8 % and Trade at 5.3 % Strong controls on pricing , cost and cash remain in place On track to deliver 2021 targets in revenue , margin accretion and free cash flow Well positioned to benefit from attractive Total Quality Assurance growth opportunities post - Covid 19 Scale up of global industry leading assurance offering with the acquisition of SAI Global Assurance Like for Like¹ ( " LFL " ) year - on - year revenue growth at constant rates Jan - Feb 2021 March - April 2021 YTD 2021 Group Products Trade Resources TRADING STATEMENT 26 May 2021 ( 4.1 % ) 0.7 % ( 9.2 % ) ( 12.3 % ) ● 9.3 % 13.8 % 5.3 % ( 0.8 % ) 2.7 % 7.4 % ( 2.2 % ) ( 6.6 % ) André Lacroix : Chief Executive Officer statement " The Group has started 2021 well , delivering a solid LFL Revenue growth of 2.7 % at constant currency , driven by a robust LFL revenue performance of 7.4 % at constant currency in our Products division and by a continuous improvement of our trading performance in our Trade and Resources divisions . In the March / April period , Group LFL revenue growth accelerated to 9.3 % at constant currency with our Products division recording LFL revenue growth of 13.8 % and our Trade division 5.3 % . % of Group Operating Profit² We are on track to deliver our full year targets of good LFL revenue growth at constant currency with year on year margin progression and a strong free cash flow performance notwithstanding the continuing lockdown restrictions in several markets impacting the supply chain of our clients and mobility . We expect our Products division to deliver robust LFL revenue growth , our Trade division to deliver solid LFL revenue growth and our Resources division to be broadly stable . 100 % 82 % 11 % 7 % On 13 May we announced that we have entered into an agreement to acquire SAI Global Assurance to scale up our global industry leading assurance offering and seize the high growth opportunities in the high margin and capital light assurance market . Intertek Group plc May Trading Update 2021 All of us at Intertek are truly energised by the Quality Assurance growth opportunities moving forward as the Covid - 19 global pandemic has made the case for Total Quality Assurance ( TQA ) clearer and stronger for our clients . The exciting structural growth drivers in the $ 250 billion global Quality Assurance Market pre - Covid - 19 now include a wide array of new opportunities in many areas , including more outsourcing opportunities . These opportunities to help foster a better and safer world for all post - Covid - 19 are compelling , and range from : Safer , more diversified supply chains with greater traceability , improved intelligence and increased resilience A lower carbon economy , stay - local lifestyles , more remote working , distance learning and online shopping Better personal safety , higher health , hygiene and wellbeing standards and greater investment in healthcare That is why we have invested in attractive growth segments and rapidly brought to market a range of innovations to support the emerging needs of our clients to help them address their operational and supply chain challenges . For example , our launch of Protek , the world's first industry - agnostic end - to - end Health , Safety and Wellbeing assurance program ; CarbonClear , the world's first assurance program that certifies the upstream carbon intensity per barrel of oil ; and our announcement last month of Intertek CarbonZero certification which enables companies worldwide to confidently market qualifying carbon neutral products and services . Our passionate commitment to innovation is what enables us to deliver sustainable shareholder value through the cycle . 1 With our industry leading ATIC ( Assurance , Testing , Inspection and Certification ) capability and expertise , innovation and insight , Intertek is uniquely positioned to seize the compelling growth opportunities and to benefit from the GDP + , like - for - like revenue growth prospects in the Quality Assurance Industry in the medium to long - term . In short , the pandemic has brought to life as never before the importance of Intertek's purpose - led role in society . " intertek Total Quality . Assured .