SGS HALF YEAR RESULTS 2012
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SGS HALF YEAR RESULTS 2012
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The SGS Group posted a strong first semester performance with revenue growth
of 15.1% over prior year to CHF 2.7 billion (constant currency basis),
reflecting both organic revenue growth of 11.1% and the integration of
twenty four recently acquired companies contributing an additional 4.0% in
revenues.
Adjusted operating income, up 12.2% over prior year on a constant currency
basis, reached CHF 413 million, resulting in a margin of 15.6%. This was
slightly down from 16.0% in prior year as the Group continues its investment
programme towards the achievement of the 2014 plan. Restructuring activities
including permanent headcount reductions during the semester resulted in a
one-off expense of CHF 26 million.
Net Profit for the period reached CHF 245 million, slightly above prior year
(2011: CHF 241 million on a constant currency basis). During the semester,
net capital investments amounted to CHF 176 million and the Group completed
seven acquisitions for a total cash outflow of CHF 100 million. The Group
confirms solid top line growth and improved operating results for the full
year on a constant currency basis.
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 70,000 employees, SGS operates a network of
over 1'350 offices and laboratories around the world.
FOR FURTHER INFORMATION, PLEASE CONTACT:
Jean-Luc de Buman
Corporate Development,
Communications & IR
SGS SA, 1211 Geneva 1
Tel (+41-22) 739 91 11
Fax (+41-22) 739 92 00
E-mail: sgs.investor.relations(at)sgs.com
Web site: www.sgs.com
SGS Half Year Results 2012:
http://hugin.info/100354/R/1627123/520706.pdf
SGS Half Year Results FR 2012:
http://hugin.info/100354/R/1627123/520707.pdf
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Source: SGS via Thomson Reuters ONE
[HUG#1627123]
Unternehmensinformation / Kurzprofil:
Datum: 17.07.2012 - 07:00 Uhr
Sprache: Deutsch
News-ID 165682
Anzahl Zeichen: 2902
contact information:
Town:
Geneva 1
Kategorie:
Business News
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