SGS SA Reports Record Third-Quarter Sales Growth
SGS SA reported third-quarter revenue of CHF 1,982 million, exceeding analyst estimates and confirming its fiscal 2026 growth outlook.
SGS SA reported third-quarter revenue of CHF 1,982 million, surpassing analyst estimates of CHF 1,947 million by 2%. The company achieved a 14.6% year-over-year increase in total revenue, which was driven by 5.7% organic growth and a 6.9% contribution from mergers and acquisitions.
Performance varied across divisions, with the Connectivity & Products division leading with 9.2% organic growth, while Business Assurance underperformed expectations at 4.2%. As part of its expansion, the company acquired Prescient Security, a cybersecurity firm based in the United States.
Chief Executive Officer Géraldine Picaud attributed the results to the successful execution of the company's Strategy 27 and the resilience of its multi-specialist model. SGS SA confirmed its fiscal 2026 outlook, targeting 5-7% organic growth, 5-7% growth from M&A, and reported margins of at least 16%.