SGS’s Acquisition Strategy and Financial Performance<\/p>\n
By Tristan Veyet<\/p>\n
Recent Acquisitions<\/p>\n
Feb 11 (Reuters) – Swiss testing and inspection group SGS plans to continue to make acquisitions in 2026, it said on Wednesday, after reporting full-year results which were better than market expectations.<\/p>\n
Financial Results and Growth Projections<\/p>\n
In 2025, SGS acquired 19 companies, including its largest ever, US’ Applied Technical Services, for $1.33 billion, and has acquired a further six since the beginning of the year.<\/p>\n
Dividend Proposal<\/p>\n
“We will continue the bolt-on acquisitions at full speed because the industry is very fragmented,” CEO Geraldine Picaud said in a call following the results.<\/p>\n
SGS proposed a dividend of 3.20 Swiss francs per share, the same level as last year as it prioritizes acquisitions over returning funds to shareholders. <\/p>\n
The company reported sales of 6.95 billion Swiss francs($9.08 billion) for 2025, outperforming analysts’ expectations as organic growth helped offset the negative impact from a strong Swiss franc.<\/p>\n
For 2026, it said it is aiming for 5% to 7% organic sales growth as well as 5% to 7% additional sales growth from acquisitions.<\/p>\n
($1 = 0.7655 Swiss francs)<\/p>\n
(Reporting by Tristan Veyet in Gdansk; Editing by Clarence Fernandez, Rashmi Aich and Matt Scuffham)<\/p>\n","protected":false},"excerpt":{"rendered":"SGS’s Acquisition Strategy and Financial Performance By Tristan Veyet Recent Acquisitions Feb 11 (Reuters) – Swiss testing and…\n","protected":false},"author":2,"featured_media":576,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[839,836,834,840,838,835,41,17,837],"class_list":{"0":"post-575","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-switzerland","8":"tag-bolt-on-acquisitions","9":"tag-dividend-proposal","10":"tag-financial-performance","11":"tag-fragmented-industry","12":"tag-market-expectations","13":"tag-organic-sales-growth","14":"tag-swiss","15":"tag-switzerland","16":"tag-testing-and-inspection"},"share_on_mastodon":{"url":"","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts\/575","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/comments?post=575"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts\/575\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/media\/576"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/media?parent=575"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/categories?post=575"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/tags?post=575"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}