SGS 2010 FULL YEAR RESULTS

1/17/2011, 7:00 AM (Source: GlobeNewswire)

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SGS 2010 FULL YEAR RESULTS
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The SGS Group delivered annual revenues of CHF 4.8 billion, an increase of 4.1%
over the prior year (constant currency basis), driven by an increase in activity
levels across most geographies. Adjusted operating income reached CHF 848
million (up 6.6% on a constant currency basis), with an increased adjusted
EBITDA margin of 22.4% (from 22.0% in 2009) and an increased adjusted operating
income margin to a record 17.8% (from 17.4% in 2009). Net profit for the year
reached CHF 588 million, up 8.4% (constant currency basis). Core operating cash
flows remained strong at CHF 783 million and the Group further improved its
liquidity through the issuance of a six year CHF 550 million bond. During the
year, the Group completed ten acquisitions for a total cash consideration of CHF
302 million. Given these results, the Board of Directors is proposing a dividend
of CHF 65 per share, CHF 35 of which reflects the healthy cash generation of the
Group.


ABOUT SGS

The SGS Group is the global leader and innovator in inspection, verification,
testing and certification services. Founded in 1878, SGS is recognized as the
global benchmark in quality and integrity. With more than 64'000 employees, SGS
operates a network of over 1'250 offices and laboratories around the world.


FOR FURTHER INFORMATION, PLEASE CONTACT:

Jean-Luc de Buman
Corporate Development, Communications & Investor Relations

SGS SA
1 place des Alpes
CH 1211 Geneva 1
Tel:       +41 (22) 739 95 93
Fax:     +41 (22) 739 98 61
SGS.Investor.Relations@sgs.com
WWW.SGS.COM


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

ISIN: CH0002497458;

SGS 2010 RÉSULTATS ANNUELS:
http://hugin.info/100354/R/1480038/415650.pdf

SGS 2010 FULL YEAR RESULTS:
http://hugin.info/100354/R/1480038/415649.pdf




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Source: SGS via Thomson Reuters ONE

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