Testing firm SGS posts higher Q3 sales, confirms outlook
Testing firm SGS posts higher Q3 sales, confirms outlook Oct 23 (Reuters) - Swiss testing and inspection group SGS SGSN.S reported a 14.6% jump in its third-quarter sales to 1.98 billion Swiss francs ($2.41 billion) on Friday, helped by acquisitions and growth in cybersecurity and sustainability-related services.
SGS has completed 18 acquisitions this year and expects deals announced in 2026 to add more than 150 million francs in annual sales
It confirmed 2026 outlook, including 5-7% organic sales growth and an adjusted operating margin of at least 16%
Revenue in Digital Trust, SGS's cybersecurity and digital assurance business, rose 37% in the quarter
($1 = 0.8215 Swiss francs)
(Reporting by Aleksandra Kret in Gdansk, editing by Milla Nissi-Prussak)