SGS SA/€SGSN

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About SGS SA

SGS SA is a multinational company headquartered in Geneva, Switzerland, operating in the testing, inspection, and certification industry. The company offers a comprehensive range of services that include verifying the quantity and quality of traded goods, testing product quality and performance against various health, safety, and regulatory standards, and certifying products, systems, and services. Founded in 1878, SGS has established a substantial global presence with a network of offices and laboratories across the world, serving various industries such as agriculture, minerals, petroleum, environmental health, and consumer products. Its strategic positioning is strengthened by its extensive expertise and robust infrastructure, enabling it to provide integrated and efficient services to its diverse clientele.

Ticker

€SGSN

Sector

Business services

Primary listing

XGAT

Employees

95,244

Headquarters

Geneva, Switzerland

SGS SA Metrics

BasicAdvanced
€18B
26.40
€3.54
0.56
€3.40
3.63%

Bulls say / Bears say

SGS posted 5.3% organic sales growth in H1 2025, with its adjusted operating income margin improving by 80 basis points to 14.9% across all divisions, driven by strong demand and cost efficiency measures (SGS press release)
Free cash flow excluding the Geneva headquarters disposal grew 34% to CHF 208 million in H1 2025, showcasing strong cash generation and supporting ongoing strategic investment (SGS press release)
SGS has agreed to acquire Applied Technical Services for USD 1.325 billion, expecting USD 460 million in revenue and USD 95 million in EBITDA from ATS by 2026, which will boost SGS's North America sales above USD 1.5 billion and drive regional expansion (Bloomberg Law)
Foreign exchange headwinds cost CHF 135 million in H1 2025, reducing reported sales by 4.1% and pressuring margins amid currency volatility (Investing.com)
The Natural Resources segment delivered only 2.9% organic growth in H1 2025, much lower than Health & Nutrition (8.9%) and Connectivity & Products (6.5%), revealing uneven performance across business lines (Investing.com)
Funding the ATS acquisition with both cash and debt is projected to increase SGS's leverage to around 2.0x, potentially limiting financial flexibility if expected synergies are not realized (SGS press release)
Data summarised monthly by Lightyear AI. Last updated on 4 Oct 2025.
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

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