SGS 2018 Full Year Results
2018 marked a new milestone in the SGS Group history as it surpassed CHF 1 billion in adjusted operating income.
The Group delivered solid organic growth, higher adjusted operating income margin, robust cash flow and a higher ROIC, with the majority of SGS businesses performing in line with Group expectations. These results underline the Group’s objectives to deliver higher revenue, higher profitability and best in class returns on invested capital sustainably. Thus creating long-term value for its customers, shareholders and for society.
The Group reported revenue of CHF 6.7 billion with total revenue growth of 6.0% (constant currency basis) for the year. Of this total, a solid organic growth of 5.3% (constant currency basis) was achieved, the highest since 2012. On a historical reported basis, revenue increased by 5.6%.
For further information, please contact:
Investors: Toby Reeks
t: +41 79 641 83 02
Media: Daniel Rufenacht
Corporate Communications and Sustainability
t: +41 78 656 94 59
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 97,000 employees, SGS operates a network of over 2,600 offices and laboratories around the world.