22.01.2019 06:59:49
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Press Release: SGS 2018 Full Year Results
January 22, 2019
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%.
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Learn more >
For further information, please contact:
Investors: Toby Reeks
Investor Relations
t: +41 79 641 83 02
Media: Daniel Rufenacht
Corporate Communications and Sustainability
t: +41 78 656 94 59
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www.sgs.com
About SGS
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.
Attachment
-- SGS 2018 Full Year Results Report
https://ml-eu.globenewswire.com/Resource/Download/9f915c60-1cfe-43a1-88d1-204937bdf6e6
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January 22, 2019 01:00 ET (06:00 GMT)
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