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SGS 2016 Full Year Results with revenue +6%

IIOC member SGS post 2016 results including 6% revenue growth (constant currency). Of this growth, 2.5% was organic and 3.5% from acquisitions.

The certification and business enhancement business line grew 9.1% on organic growth alone. SGS note that, ‘the business experienced strong client demand for the new ISO 9001:2015 and ISO 14001 standards driving double-digit growth in Training Services’.

SGS points out that they anticipate, ‘mid single-digit organic growth’ plus plan, ‘to accelerate Mergers and Acquisitions activities with acquired revenue in the range of CHF 1 billion over the period.’ Full details can be seen here.

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