Press Release: SGS 2018 Half Year Results

SGS REPORTS SOLID PERFORMANCE IN H1 AND CONFIRMS ITS FULL YEAR GUIDANCE

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.

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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:

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(END) Dow Jones Newswires

July 18, 2018 01:00 ET (05:00 GMT)