SGS First Keeps Outlook After Reporting Stable 2012 Net Profit
17 July 2012 - 3:41PM
Dow Jones News
Swiss quality inspection services company SGS SA (SGSN.VX)
Tuesday said it expects solid top line growth and improved
operating results this year as it reported stable profit for the
first six months of 2012.
MAIN FACTS:
- Net profit attributable to shareholders was 245 million Swiss
francs (250.7 million US dollars), down 0.4% from the reported
CHF246 million a year earlier.
- Revenue increased 13.1% to 2.65 billion Swiss francs from
CHF2.35 billion a year earlier.
- Integration of twenty four recently acquired companies
contributing an additional 4.0% in revenues, SGS said.
- The Group confirms solid top line growth and improved
operating results for the full year on a constant currency
basis.
-Zurich Bureau, Dow Jones Newswires, +41 43 443 80 47;
zurichdjnews@dowjones.com
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