SGS / SGS 2016 HALF YEAR RESULTS . Processed and transmitted by NASDAQ OMX Corporate Solutions. The issuer is solely responsible for the content of this announcement.
The SGS Group posted strong performance in the first semester with revenue growth of 7.0% on a constant currency basis to CHF 2.9 billion, nearly equally split between organic revenue growth of 3.4% and 3.6% contributed by recently acquired companies. On a historical reported basis, Group revenues increased by 5.4%.
Trading conditions remained challenging due principally to reductions and delays in expenditures by our clients in the Energy and Mining industries which impacted our Oil, Gas & Chemicals, Industrial and Minerals businesses. Yet, the achievement of solid growth during this challenging period demonstrates the strength of the Group's strategy, the ongoing focus on operating efficiency and the resilience of its diversified portfolio.
Download the full report (PDF)
Learn more
| 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 85,000 employees, SGS operates a network of over 1,800 offices and laboratories around the world. |
For further information, please contact: |
Jean-Luc de Buman Corporate Development, Communications & IR SGS SA 1 place des Alpes CH - 1211 Geneva 1 t: +41-22 739 91 11 f: +41-22 739 92 00 www.sgs.com |
--- End of Message ---
SGS
P.O. Box 2152 Geneva 1 Switzerland
ISIN: CH0002497458;
Hinweis: ARIVA.DE veröffentlicht in dieser Rubrik Analysen, Kolumnen und Nachrichten aus verschiedenen Quellen. Die ARIVA.DE AG ist nicht verantwortlich für Inhalte, die erkennbar von Dritten in den „News“-Bereich dieser Webseite eingestellt worden sind, und macht sich diese nicht zu Eigen. Diese Inhalte sind insbesondere durch eine entsprechende „von“-Kennzeichnung unterhalb der Artikelüberschrift und/oder durch den Link „Um den vollständigen Artikel zu lesen, klicken Sie bitte hier.“ erkennbar; verantwortlich für diese Inhalte ist allein der genannte Dritte.