SGS 2015 FULL YEAR RESULTS

Wednesday, 20. January 2016 07:00

SGS / SGS 2015 FULL YEAR RESULTS . Processed and transmitted by NASDAQ OMX Corporate Solutions. The issuer is solely responsible for the content of this announcement.

 

The SGS Group performed well in 2015 with total revenues reaching CHF 5.7 billion. This represents revenue growth of 3.6% (constant currency basis), of which 2.0% was organic and 1.6% was contributed by recent acquisitions. Trading conditions remained difficult during the year with the fall in commodity prices, primarily impacting Oil, Gas & Chemicals, Minerals and Industrial Services.

Achieving growth during this challenging year underlines the strength of the Group's strategy and the depth and balance of its portfolio. Adjusted EBITDA reached CHF 1,191 million, up 3.4% at constant currency versus prior year. Adjusted operating income was CHF 917 million, resulting in a stable margin versus prior year at 16.1%.

READ MORE ON THE SGS FINANCIAL REPORT 

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




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Source: SGS via Globenewswire

HUG#1980057

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SGS
1 place des Alpes
P.O. Box 2152 Geneva 1 Switzerland

ISIN: CH0002497458;


Related Links: SGS Société Générale de Surveillance S.A.
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