ENGLISH
|
JAPANESE
|
CONNECT WITH US:
Home
About
Contact
Log in
Home
Press release
Jul 19, 2018 10:00 JST
Source:
SGS
SGS 2018 Half Year Results
SGS REPORTS SOLID PERFORMANCE IN H1 AND CONFIRMS ITS FULL YEAR GUIDANCE
GENEVE, CH, Jul 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
Source: SGS
Copyright ©2024 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.
Latest Release
Mitsubishi Shipbuilding Receives Order from the University of Tokyo for "MiPoLin" Power Prediction and Lines Selection System
Mar 28, 2024 16:45 JST
Mitsubishi Logisnext Completes Demonstration of Automated Truck Loading, Leading to Start of Actual Operations in Japan
Mar 28, 2024 13:52 JST
Toyota Releases Sales, Production, and Export Results for February 2024
Mar 28, 2024 13:35 JST
TANAKA to Install 500 kW Fuel Cell System to Promote the Use of Hydrogen Energy at Production Plants
Mar 28, 2024 03:00 JST
PEVE to change name to TOYOTA BATTERY Co., Ltd. and produce batteries for a wide range of electric vehicles
Mar 27, 2024 15:13 JST
NTT and Olympus Begin World's First Joint Demonstration Experiment of Cloud Endoscopy System
Mar 27, 2024 15:00 JST
TANAKA Holdings Announces Green Loan Financing for Construction of New Head Office Building
Mar 27, 2024 03:00 JST
JFE Steel and Hitachi Jointly Started Providing Solutions for the Steel Industry
Mar 26, 2024 19:04 JST
La Banque Postale and JCB join forces to elevate payments experience for travellers in France
Mar 26, 2024 15:00 JST
Fujitsu Tech Leverages AI and Underwater Drone Data for 'Ocean Digital Twin'
Mar 26, 2024 10:24 JST
NEC develops marketing strategy planning & effectiveness simulation technology using generative AI
Mar 25, 2024 10:08 JST
Toyota to Open New Tokyo Head Office in Shinagawa in FY2030
Mar 22, 2024 16:15 JST
Hitachi Selected as CDP Supplier Engagement Leader for the Third Consecutive Year
Mar 22, 2024 16:04 JST
Mitsubishi Motors Celebrates Production of 100,000th fully electric minivehicle
Mar 22, 2024 15:34 JST
JCB and AEON Credit Service Indonesia Launch the AEON JCB Precious Card
Mar 22, 2024 15:00 JST
JCB Issues White Paper on Calculating CO2 Emissions by Payment Method in Japan
Mar 22, 2024 12:00 JST
NEC and NTT successfully conduct first-of-its-kind long-distance transmission experiment over 7,000km using 12-core optical fiber
Mar 22, 2024 08:38 JST
Lifenet and Eisai Co-Develop Dementia Insurance "be"
Mar 21, 2024 17:36 JST
Toyota: Clarification of the Roles of and Expectations for Outside Executives, Revision of the Independence Assessment Criteria, and the Changes to Members of the Board of Directors and the Audit and Supervisory Board Members following the 120th Ordinary General Shareholders' Meeting
Mar 21, 2024 16:47 JST
Sales of Evolved GR Yaris to Start in April, While Purchasing Lotteries for WRC Driver-supervised Special Editions Start Today
Mar 21, 2024 16:31 JST
More Latest Release >>
Related Release
SGS Expands Flammability Testing Services Across Aviation, Automotive and Maritime Sectors
March 07 2024 22:00 JST
More Press release >>