2024 Full Year Results

Ad Hoc AnnouncementsAd hoc announcement pursuant to Art. 53 LRFebruary 11, 2025

SGS delivers excellent 2024 results

Record sales of CHF 6 794 million, with strong organic* growth of 7.5%
Strong improvement in adjusted operating income margin*, up 60 basis points to 15.3% of sales
Outstanding free cash flow* of CHF 748 million, up 24%
Fast execution of the CHF 150 million efficiency plans
Successful relaunch of M&A with 11 acquisitions in 2024 and three in 2025

I want to express my deepest gratitude to the SGS family. Their impressive agility and dedication have been instrumental in delivering on our promises, successfully executing Strategy 27: Accelerating growth, building trust.

Our new organization has fostered a culture of performance and accountability, enhancing our talents and boosting team engagement – both essential factors in a people-driven business.

With this fresh mindset, we have accelerated growth, relaunched M&A activity and made excellent progress in profitability. Additionally, we have generated outstanding free cash flow, strengthening our financial profile.

I am confident that 2025 will be another great year for SGS. We will continue to deliver Strategy 27 at full speed, building on our momentum.

This is only the start of our journey.

Géraldine Picaud, Chief Executive Officer

Financial highlights

*Refer to alternative performance measures in the 2024 integrated report.

About SGS

SGS is the world’s leading Testing, Inspection and Certification company. We operate a network of over 2,500 laboratories and business facilities across 115 countries, supported by a team of 99,500 dedicated professionals. With over 145 years of service excellence, we combine the precision and accuracy that define Swiss companies to help organizations achieve the highest standards of quality, compliance and sustainability.

Our brand promise – when you need to be sure – underscores our commitment to trust, integrity and reliability, enabling businesses to thrive with confidence. We proudly deliver our expert services through the SGS name and trusted specialized brands, including Brightsight, Bluesign, Maine Pointe and Nutrasource.

SGS is publicly traded on the SIX Swiss Exchange under the ticker symbol SGSN (ISIN CH1256740924, Reuters SGSN.S, Bloomberg SGSN:SW).