English | 简体中文 | 繁體中文 | 한국어 | 日本語
Thursday, 19 July 2018, 09:00 HKT/SGT
Share:
    

Source: SGS
SGS 2018 Half Year Results
SGS REPORTS SOLID PERFORMANCE IN H1 AND CONFIRMS ITS FULL YEAR GUIDANCE

GENEVE, CH, July 19, 2018 - (ACN Newswire) - The SGS Group performed strongly in the first semester reporting total revenue of CHF 3.3 billion:

- Strong organic growth was achieved across the entire business portfolio, as the Group continues to build its offering to customers
- Total revenue increased by 6.5% (of which 5.6% organic) on a constant currency basis to CHF 3.3 billion
- Adjusted operating income grew 9.2% on a constant currency basis to CHF 481 million
- Adjusted operating income margin improved to 14.6%
- Minerals and Governments and Institutions achieved double-digit revenue growth of 13.8% and 11.1% respectively
- 7 acquisitions completed
- The Group paid a dividend of CHF 577 million

These results, in line with 2018 expectations, position SGS as the leader in organic growth in the Testing, Inspection and Certification Market and underline the Group's focus on delivering long-term value for customers, shareholders and society.

2018 GUIDANCE

The Group expects to deliver solid organic revenue growth and higher adjusted operating income margin on a constant currency basis, and a continuation of its robust cash flow generation.

Join the webcast at 14:00 CET https://bit.ly/2uAjrWa

Learn more https://www.sgs.com/en/our-company/investor-relations/investor-overview

SGS is the world's leading inspection, verification, testing and certification company. SGS is recognized as the global benchmark for quality and integrity. With more than 95,000 employees, SGS operates a network of over 2,400 offices and laboratories around the world.

For further information, please contact:
Media: Daniel Rufenacht, Corporate Communications, t: +41 78 656 94 59
Investors: Toby Reeks, Investor Relations, t: +41 22 739 99 87

Attachment:
2018_HYR_Press_Release_Web_LR_Single_Pages
https://bit.ly/2uxvWlj

Topic: Earnings
Source: SGS


https://www.acnnewswire.com
From the Asia Corporate News Network


Copyright © 2024 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.

 

SGS Related News
May 30, 2024 17:00 HKT/SGT
Simplify Green Claim Verification and Certification With the SGS Green Mark
Mar 7, 2024 22:00 HKT/SGT
SGS Expands Flammability Testing Services Across Aviation, Automotive and Maritime Sectors
More news >>
Copyright © 2024 ACN Newswire - Asia Corporate News Network
Home | About us | Services | Partners | Events | Login | Contact us | Cookies Policy | Privacy Policy | Disclaimer | Terms of Use | RSS
US: +1 214 890 4418 | China: +86 181 2376 3721 | Hong Kong: +852 8192 4922 | Singapore: +65 6549 7068 | Tokyo: +81 3 6859 8575