SGS 2011 HALF YEAR RESULTS

7/15/2011, 7:00 AM (Source: GlobeNewswire)

SGS-0.18%

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SGS 2011 HALF YEAR RESULTS
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The SGS Group delivered first semester revenues of CHF 2.3 billion, an increase
of 12.8% over the prior year on a constant currency basis, with all regions and
businesses contributing to this growth. Adjusted operating income of CHF 374
million was up 12.0% on a constant currency basis with an Operating margin of
16.0% in line with the prior year. Net Profit for the period reached CHF 246
million (2010: CHF 232 million on a constant currency basis). During the
semester, capital investments amounted to CHF 134 million (up 17.5%) and the
Group completed nine small to medium-sized acquisitions for a total cash
consideration of CHF 19 million. The Group confirms solid top line growth and
operating performance for the full year on a constant currency basis.

ABOUT SGS

The SGS Group is the global leader and innovator in inspection, verification,
testing and certification services. Founded in 1878, SGS is recognised as the
global benchmark in quality and integrity. With more than 67'000 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


SGS Half Year Results 2011
SGS Half Year Results FR 2011

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

ISIN: CH0002497458;




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Source: SGS via Thomson Reuters ONE

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