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SGS posts 6.5% revenue increase in first half of 2018

IIOC member SGS has posted its results for the first half of 2018.

At constant currency rates, revenue grew by 6.5% to 3.3bn CHF. Of this growth, 5.6% was organic. Within this, Certification and Business Enhancement delivered 7.4% growth, of which 6.2% was organic growth. It is noted that this growth was, ‘mostly driven by Management System Certification having a particularly good semester’.

The transition to the 2015 versions of the world’s leading management system standards, ISO 9001 and ISO 14001 has been a driver in this growth, as noted, ‘Management System Certification reported strong growth progressing above seasonal patterns due to additional transition audits related to the ISO 9001:2015 and 14001:2015 standards. Conversion to the new standards progressed well with 75% of customer certificates converted in the first semester, slightly ahead of plan, led by Asia’

Full details can be seen at SGS 2018 Half Year Results Report

 


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