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Read the full 2023 full year results and strategic update.
Read the full 2023 full year results and strategic update.
SGS today publishes its 2023 Integrated Report. Providing meaningful information on financial and non-financial results, this year’s report format has been updated and improved to help stakeholders better understand the company’s strategy, performance, governance and impact on the planet.
In 2023, SGS delivered superior organic sales growth and a significant increase in free cash flow, thanks to the breadth of its portfolio. It rose to the global challenges of rising costs and global instability. Thanks to its people, focus on productivity, geographic and service diversity, it innovated in new growth areas.
Building on its strengths, SGS announced its Strategy 2027: Accelerating growth, building trust. This new strategy is created to drive profitable growth, streamline the organization and deliver attractive returns for stakeholders. It is based on three powerful value drivers:
Géraldine Picaud, CEO Designate, said: “I look forward to leading such a great company and to driving positive change in this dynamic industry. In line with our Strategy 2027 we will invest in segments and regions where greater opportunities exist, simplify our organization and enhance our financial profile to create value for all our stakeholders.”
We are SGS – the world’s leading testing, inspection and certification company. We are recognized as the global benchmark for sustainability, quality and integrity. Our 99,600 employees operate a network of 2,600 offices and laboratories around the world.