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Capital Markets Event 2024 Executing Strategy 27 at Full Speed | SGS

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&quot;CY&quot; : &quot;Cyprus&quot; , &quot;CZ&quot; : &quot;Czech Republic&quot; , &quot;DK&quot; : &quot;Denmark&quot; , &quot;DJ&quot; : &quot;Djibouti&quot; , &quot;DM&quot; : &quot;Dominica&quot; , &quot;DO&quot; : &quot;Dominican Republic&quot; , &quot;EC&quot; : &quot;Ecuador&quot; , &quot;EG&quot; : &quot;Egypt&quot; , &quot;SV&quot; : &quot;El Salvador&quot; , &quot;GQ&quot; : &quot;Equatorial Guinea&quot; , &quot;ER&quot; : &quot;Eritrea&quot; , &quot;EE&quot; : &quot;Estonia&quot; , &quot;SZ&quot; : &quot;Eswatini&quot; , &quot;ET&quot; : &quot;Ethiopia&quot; , &quot;FK&quot; : &quot;Falkland Islands (Malvinas)&quot; , &quot;FO&quot; : &quot;Faroe Islands&quot; , &quot;FJ&quot; : &quot;Fiji&quot; , &quot;FI&quot; : &quot;Finland&quot; , &quot;FR&quot; : &quot;France&quot; , &quot;GF&quot; : &quot;French Guiana&quot; , &quot;PF&quot; : &quot;French Polynesia&quot; , &quot;TF&quot; : &quot;French Southern Territories&quot; , &quot;GA&quot; : &quot;Gabon&quot; , &quot;GM&quot; 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data-e2e-id="coveo-coveo3a949f41"></div><section class="SearchBoxOverlayComponent_o-search-box-overlay-component__duZl2 w-full search-box-overlay"><div class="h-full w-full flex overflow-y-auto"><div class="SearchBoxOverlayComponent_o-search-box-overlay-component__container___o_hd container h-full max-h-full w-full overflow-y-auto"><h3 class="SearchBoxOverlayComponent_o-search-box-overlay-component__headline__Uvm0t text-center">What are you looking for?</h3><div class="search-box-overlay__field"><div id="_185F67BF-1D73-4AEE-9564-FDE5B0EB24D9" class=" " data-e2e-id="coveo-_185F67BF-1D73-4AEE-9564-FDE5B0EB24D9"><div id="_185F67BF-1D73-4AEE-9564-FDE5B0EB24D9_container" data-prebind-maximum-age="currentMaximumAge" class="coveo-for-sitecore-search-box-container"><div data-enable-omnibox="true" data-partial-match-keywords="5" data-prebind-maximum-age="currentMaximumAge" data-placeholder="Search" data-query-suggest-character-threshold="3" data-clear-filters-on-new-query="false" id="_185F67BF-1D73-4AEE-9564-FDE5B0EB24D9" class="CoveoSearchbox " data-e2e-id="coveo-_185F67BF-1D73-4AEE-9564-FDE5B0EB24D9"><div class="CoveoForSitecoreExpressions"></div><div class="CoveoForSitecoreConfigureSearchHub" data-sc-search-hub="SGS-V5-SearchHub-Prod"></div></div></div></div></div><div class="SearchBoxOverlayComponent_o-search-box-overlay-component__links__6DCBI"><h4 class="SearchBoxOverlayComponent_o-search-box-overlay-component__section-headline__DyhqG text-center">Some topics you might be interested in</h4><div class="SearchBoxOverlayComponent_o-search-box-overlay-component__links-list__ktJyV"><a class="SearchBoxOverlayComponent_o-search-box-overlay-component__link__LG25D flex justify-between" aria-label="SGS Annual Report" href="/"><span>SGS Annual Report</span><svg viewBox="0 0 30 30" fill="none" xmlns="http://www.w3.org/2000/svg" class="SearchBoxOverlayComponent_o-search-box-overlay-component__chevron__RjoNC" title="SGS Annual Report" width="12" height="14"><path 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HeroBannerContent__theme-dark__MapbO"><div class="" style="opacity:1"><a class="HeroBannerContent_m-hero-banner-content__byline__xTkKB" aria-label="" href="/en/news"><div class="HeroBannerContent_m-hero-banner-content__byline-text__UPzdU">News</div></a></div><div><h1>Capital Markets Event 2024 <br> Executing Strategy 27 at Full Speed</h1></div></div></div></div></div></section></div></div><div class="NewsDetailDeckComponent_o-news-detail-deck-component__30RB_"><div class="DeckContainer_m-deck-container__Euf6a"><div class="DeckContainer_m-deck-container__inner-content___QQg4 container flex items-center"><div class="flex flex-col md:flex-row items-stretch w-full"><a class="NewsDetailDeckComponent_o-news-detail-deck-component__link__XWnh2 flex flex-col md:flex-row" href="/en/investors/news/ad-hoc-announcements">Ad Hoc Announcements</a><span class="NewsDetailDeckComponent_o-news-detail-deck-component__text__KAdsp">Ad hoc announcement pursuant to Art. 53 LR</span><span class="NewsDetailDeckComponent_o-news-detail-deck-component__date___cXs5">November 20, 2024</span></div></div><div class="DeckContainer_m-deck-container__outer-content__SY7CU container flex flex-col"></div></div></div><div><div class="anchor-block" id="AC6"></div><div style="background-color:var()"><div class="RichTextItem_a-rich-text-item__e6Z9K pt-7 lg:pt-13 pb-3 container"><div class="RichTextItem_a-rich-text-item__holder__XMLKB RichTextItem__content-width__OkS5F a-rich-text-item__holder"><p style="font-size: 2.1rem; color: #252525;">SGS, the world leader in Testing, Inspection and Certification, is holding its Capital Markets Event in Antwerp, Belgium today.</p> <p>CEO G&eacute;raldine Picaud, CFO Marta Vlatchkova and the executive team will highlight the rapid momentum in delivering Strategy 27 - &ldquo;Accelerating Growth, Building Trust&rdquo;.</p> <h2>Focus on profitable growth</h2> <p>Plenary presentations will outline how SGS has established a strong foundation for profitable growth by leveraging Sustainability and Digital Trust services, supply chain migrations and clearly identifying priority end markets. The organization has become more agile with a sharper focus on performance.</p> <p>Break-out sessions will deep dive into key strategic drivers, including North America, Asia Pacific, Sustainability, Digital Trust, M&amp;A and SGS&rsquo;s best-in-class laboratory network.</p> <p>The event will also highlight SGS&rsquo;s pragmatic approach to innovation, automation and digitalization. Following a tour of one of Europe&rsquo;s largest environmental analytics mass-flow laboratories, attendees will witness a groundbreaking demonstration of Samplifly &mdash; SGS&rsquo;s pioneering drone transport solution for sensitive samples.</p> <h2>Fast execution of Strategy 27</h2> <p>The accelerated execution of Strategy 27 is driving significant momentum across the organization, further strengthening management&rsquo;s confidence in achieving sustained and strong performance.</p> <p>By 2027, SGS expects incremental sales of at least CHF 600 million from Sustainability and of at least CHF 200 million from Digital Trust. In the same time frame, a rebalanced geographic footprint is projected to double sales in North America. As part of this plan, bolt-on acquisitions are forecast to contribute 1% to 2% to group annual sales growth over the 2024-2027 period. SGS is announcing today its 10th acquisition so far this year with the signing of an agreement to purchase MP Machinery, a nuclear testing specialist in North America.</p> <p>The CHF 100 million cost savings plan is progressing faster than planned and an additional CHF 50 million in savings have been identified from procurement initiatives.</p> <h2>Financial objectives confirmed</h2> <p>SGS fully confirms its financial objectives.</p> <p>2024 Outlook:</p> <ul> <li>Mid to high single-digit organic growth</li> <li>Relaunched M&amp;A program</li> <li>Improvement in adjusted operating income margin on sales</li> <li>Strong free cash flow generation</li> </ul> <p>2024-2027 Objectives:</p> <ul> <li>5% to 7% organic sales growth annually</li> <li>Significant improvement of at least 1.5 percentage points in adjusted operating income margin on sales by 2027</li> <li>Cash conversion exceeding 50% by 2027</li> </ul> <p>G&eacute;raldine Picaud, CEO of SGS, commented:</p> <p><em>&ldquo;I am proud of the rapid pace at which SGS is evolving. The remarkable progress in executing Strategy 27 is establishing a strong foundation for our next phase of growth. We have simplified our organization significantly and are ahead of target with our efficiency programs.</em></p> <p><em>This Capital Markets Event demonstrates our pragmatic and disciplined approach to business, market positioning and innovation, which is sharpening our portfolio focus and accelerating profitability.</em></p> <p><em>Our brand promise &mdash; &lsquo;</em>When you need to be sure<em>&rsquo; &mdash; reflects not only the reliability of our client services, but also our unwavering commitment to delivering exceptional shareholder value.&rdquo;</em></p> <h2>Event broadcast details</h2> <p>The Capital Markets Event will be livestreamed, with opening and closing sessions available via registration at the following links:</p> <ul> <li><a rel="noopener noreferrer" href="https://event.choruscall.com/mediaframe/webcast.html?webcastid=PJzLEaBY" target="_blank">Wednesday 20 November 2024 | 8:30 am CET - CEO Plenary: Delivering Strategy 27</a></li> <li><a rel="noopener noreferrer" href="https://event.choruscall.com/mediaframe/webcast.html?webcastid=tWhWmxyM" target="_blank">Wednesday 20 November 2024 | 1:15 pm CET &ndash; Q&amp;A with Executive Committe</a></li> </ul></div></div></div></div><div><div class="anchor-block" id="6BD"></div><div style="background-color:var()"><div class="RichTextItem_a-rich-text-item__e6Z9K pt-3 pb-3 container"><div class="RichTextItem_a-rich-text-item__holder__XMLKB RichTextItem__content-width__OkS5F a-rich-text-item__holder"><richtext><p><a href="/-/media/sgscorp/documents/corporate/reports-and-presentations/2020s/2024/sgs-capital-markets-event-2024--executing-strategy-27-at-full-speed-en.cdn.en.1.ashx" target="_blank" data-extension="pdf" data-document-type="Brochures" data-publication-date="2024.11.19" data-topic="About SGS,Investor Relations" data-name="Capital Markets Event 2024 Executing Strategy 27 at Full Speed" data-activity-type="">Download the PDF &gt;</a></p></richtext></div></div></div></div><div><div class="anchor-block" id="CE8"></div><div class="PromoBanner3ColComponent_o-promo-banner-3-col-component__KN9gf o-promo-banner-3-col-component --is-static --col-0"><div class="relative"><div class="PromoBanner3ColComponent_o-promo-banner-3-col-component_content__G8a3l PromoBanner3ColComponent_--is-static__5_c8d grid relative"><div class="PromoBanner3ColBackground_m-promo-banner-3col-background__7Umy8 w-full h-full absolute top-0 left-0 bg-cover bg-no-repeat" style="background-color:var(--color-base-white)"></div><div class="PromoBanner3ColComponent_o-promo-banner-3-col-component_wrapper__CcD1I container _full-width z-10 grid relative"><div class="PromoBanner3ColComponent_o-promo-banner-3-col-component_holder__NvtZG pt-11 pb-11"><div class="MultiColumnsContainerComponent_o-multi-columns-container-component__4Uvps MultiColumnsContainerComponent_--distribution-static__tfDFh flex flex-col md:flex-row max-cols-3 multicolumns"><div class="MultiColumnsContainerComponent_o-multi-columns-container-component__column__1S_Vf" style="--column-width:33.333333333333336%"></div><div class="MultiColumnsContainerComponent_o-multi-columns-container-component__column__1S_Vf" style="--column-width:33.333333333333336%"></div><div class="MultiColumnsContainerComponent_o-multi-columns-container-component__column__1S_Vf" style="--column-width:33.333333333333336%"></div><div class="MultiColumnsContainerComponent_o-multi-columns-container-component__column__1S_Vf" style="--column-width:33.333333333333336%"></div></div><div class="PromoBanner3ColComponent_ilearning-wrapper__FJ_gI"><div class="PromoBanner3ColComponent_o-promo-banner-3-col-component_cta-wrap__AE_Lh w-full z-10 flex"><div class="CTAs_m-ctas__Jq8fa flex flex-col md:flex-row-reverse md:justify-end items-center m-ctas"><a class="--medium --level-1 --theme-light CTAs_m-ctas__cta__lScEx m-ctas__cta button block" target="_self" aria-label="Learn more" href="/en/investors/financial-calendar/capital-markets-event"><div class="button__wrap"><span class="button__text">Learn more</span><div class="button__icon flex justify-end"><svg viewBox="0 0 30 30" fill="none" xmlns="http://www.w3.org/2000/svg" width="12" height="12"><path d="M14.711 4.184l-.982.932c-.246.245-.246.637 0 .833l7.616 7.601H4.59a.597.597 0 00-.59.589v1.373c0 .343.246.588.59.588h16.755l-7.616 7.65c-.246.197-.246.59 0 .834l.982.932c.197.245.59.245.836 0l10.269-10.25a.564.564 0 000-.833l-10.27-10.25c-.245-.244-.638-.244-.835 0z" fill="currentColor"></path></svg></div></div></a></div></div></div></div></div></div></div></div></div><div><div class="anchor-block" id="DD6"></div><div style="background-color:var()"><div class="RichTextItem_a-rich-text-item__e6Z9K pt-3 pb-7 lg:pb-13 container"><div class="RichTextItem_a-rich-text-item__holder__XMLKB RichTextItem__content-width__OkS5F a-rich-text-item__holder"><h2>About SGS</h2> <p>SGS is the world&rsquo;s leading Testing, Inspection, and Certification company. Headquartered in Switzerland, we operate a network of over 2,700 laboratories and business facilities across 119 countries, supported by a team of 99,250 dedicated professionals. With over 145 years of service excellence, we bring Swiss precision and accuracy to help organizations worldwide achieve the highest standards of quality, safety, and compliance.</p> <p>Our brand promise &mdash; &ldquo;When you need to be sure&rdquo; &mdash; underscores our commitment to trust, integrity and sustainability, enabling businesses to thrive with confidence. We proudly deliver expert services under the SGS name and through highly respected specialized brands, including Brightsight, Bluesign, Maine Pointe, Nutrasource, and Samplifly.</p> <p>SGS is publicly traded on the SIX Swiss Exchange under the ticker symbol SGSN (ISIN CH0002497458, Reuters SGSN.S, Bloomberg SGSN:SW).</p></div></div></div></div><div><div class="anchor-block" id="CAA"></div><div class="TeaserManualComponent_o-teaser-manual-component__oYj5C TeaserManualComponent__no-overflow__lko3B TeaserManualComponent__layout-horizontal__pdzpB TeaserManualComponent__contact-us__ctb5S"><div class=" " style="background-color:var(--color-base-grey-100)"><div class="TeaserManualComponent_o-teaser-manual-component__wrapper__iD6Ck _full-width"><div><div class="TeaserManualComponent_o-teaser-manual-component__content__LJRDm pb-7 pt-7 md:flex md:flex-col lg:flex-row container"><div class="TeaserHorizontalLayout_m-teaser-horizontal-layout__o7em_ flex flex-row TeaserHorizontalLayout__two-items-only__q5cWI TeaserHorizontalLayout__wide-layout__7uEI0 TeaserHorizontalLayout__flex-layout__s84k3"><div class="TeaserHorizontalLayout_m-teaser-horizontal-layout__info__RPAx_ md:self-center"><div class="TeaserManualComponent_o-teaser-manual-component__info__W5cVS flex flex-col items-start"><h2 class="TeaserManualComponent_o-teaser-manual-component__headline__EDmLV">Investor and media contacts</h2></div></div><div class="TeaserContactUsItemComponent_o-teaser-contact-us-item-component__k0AJE"><div class="TeaserContactUsItemComponent_o-teaser-contact-us-item-component__wrapper__HIbeL" title="[object Object]" name="[object Object]" lastName="[object Object]" socialMediaLinks="[object Object],[object Object],[object Object]" description="[object Object]" image="[object Object]" overlayHeadline="[object Object]" nationality="[object Object]" overlayDescription="[object Object]" schemaName="[object Object]"><div class="TeaserContactUsItemComponent_o-teaser-contact-us-item-component__image__GN3RJ"><img alt="Ariel Bauer" sizes="(max-width: 320px) 260px, 260px" srcSet="https://imgix-prod.sgs.com/-/jssmedia/sgscorp/images/people/ariel-bauer-square.cdn.en.1.jpg?fit=crop&amp;auto=format&amp;crop=top&amp;w=260&amp;h=260 260w" src="https://imgix-prod.sgs.com/-/media/sgscorp/images/people/ariel-bauer-square.cdn.en.1.jpg?fit=crop&amp;auto=format&amp;crop=top&amp;w=260&amp;h=260"/></div><h3 class="TeaserContactUsItemComponent_o-teaser-contact-us-item-component__name__vv9h8 mb-2">Ariel Bauer</h3><div class="TeaserContactUsItemComponent_o-teaser-contact-us-item-component__description__g0i_u richtext">Head of Communications, Sustainability & Investor Relations</div></div><div class="TeaserContactUsItemComponent_o-teaser-contact-us-item-component__social__AusUj"></div></div><div class="TeaserContactUsItemComponent_o-teaser-contact-us-item-component__k0AJE"><div class="TeaserContactUsItemComponent_o-teaser-contact-us-item-component__wrapper__HIbeL" title="[object Object]" name="[object Object]" lastName="[object Object]" socialMediaLinks="[object Object],[object Object],[object Object]" description="[object Object]" image="[object Object]" overlayHeadline="[object Object]" nationality="[object Object]" overlayDescription="[object Object]" schemaName="[object Object]"><div class="TeaserContactUsItemComponent_o-teaser-contact-us-item-component__image__GN3RJ"><img alt="Livia Baratta" sizes="(max-width: 320px) 260px, 260px" srcSet="https://imgix-prod.sgs.com/-/jssmedia/sgscorp/images/people/livia-baratta.cdn.en.1.jpg?fit=crop&amp;auto=format&amp;w=260&amp;h=260 260w" src="https://imgix-prod.sgs.com/-/media/sgscorp/images/people/livia-baratta.cdn.en.1.jpg?fit=crop&amp;auto=format&amp;w=260&amp;h=260"/></div><h3 class="TeaserContactUsItemComponent_o-teaser-contact-us-item-component__name__vv9h8 mb-2">Livia Baratta</h3><div class="TeaserContactUsItemComponent_o-teaser-contact-us-item-component__description__g0i_u richtext">Director, Investor Relations</div></div><div class="TeaserContactUsItemComponent_o-teaser-contact-us-item-component__social__AusUj"></div></div></div></div></div></div></div></div></div><section class="AutomaticTeaserNewsComponent_o-automatic-teaser-news-component__UUkED AutomaticTeaserNewsComponent__layout-horizontal__qJnXl pt-6 lg:pt-7 pb-6 lg:pb-7" style="background-color:var(--color-primary-2)"><div class="container _full-width"><div class="px-4 lg:px-7"><div class="AutomaticTeaserNewsComponent_o-automatic-teaser-news-component__content__XUF8T pb-7 md:flex md:flex-row"><div class="TeaserHorizontalLayout_m-teaser-horizontal-layout__o7em_ flex flex-row TeaserHorizontalLayout__flex-layout__s84k3"><div class="TeaserHorizontalLayout_m-teaser-horizontal-layout__info__RPAx_ md:self-center"><div class="AutomaticTeaserNewsComponent_o-automatic-teaser-news-component__headline-wrap__xMBd9 flex flex-col items-start md:self-center"><h2 class="AutomaticTeaserNewsComponent_o-automatic-teaser-news-component__headline__espq9">Related Articles</h2><div class="CTAs_m-ctas__Jq8fa flex flex-col md:flex-row-reverse md:justify-end items-center m-ctas"><a class="--medium --level-3 --theme-light CTAs_m-ctas__cta__lScEx m-ctas__cta button block" target="_self" aria-label="View All News" href="/en/news"><div class="button__wrap"><span class="button__text">View All News</span><div class="button__icon flex justify-end"><svg viewBox="0 0 30 30" fill="none" xmlns="http://www.w3.org/2000/svg" width="12" height="12"><path d="M14.711 4.184l-.982.932c-.246.245-.246.637 0 .833l7.616 7.601H4.59a.597.597 0 00-.59.589v1.373c0 .343.246.588.59.588h16.755l-7.616 7.65c-.246.197-.246.59 0 .834l.982.932c.197.245.59.245.836 0l10.269-10.25a.564.564 0 000-.833l-10.27-10.25c-.245-.244-.638-.244-.835 0z" fill="currentColor"></path></svg></div></div></a></div></div></div><a class="AutomaticTeaserNewsItem_m-automatic-teaser-news-item__qkjxp AutomaticTeaserNewsItem__is-cta__2te63" aria-label="" href="/en/news/2024/10/sgs-third-quarter-2024-sales-update"><div class="AutomaticTeaserNewsItem_m-automatic-teaser-news-item__image__VE_di"><div style="padding-bottom:56.25%" class="Image_a-aspect-ratio-image__Rmn_z"><img alt="SGS CC Q3 2024 Website Banner" sizes="(max-width: 320px) 643px, 643px" srcSet="https://imgix-prod.sgs.com/-/jssmedia/sgscorp/images/corporate/investor-relations/sgs-cc-q3-2024-website-banner.cdn.en.1.jpg?fit=crop&amp;auto=format&amp;crop=focalpoint&amp;fp-x=0.5&amp;fp-y=0.3&amp;fp-z=1&amp;w=643&amp;h=264 643w" src="https://imgix-prod.sgs.com/-/media/sgscorp/images/corporate/investor-relations/sgs-cc-q3-2024-website-banner.cdn.en.1.jpg?fit=crop&amp;auto=format&amp;crop=focalpoint&amp;fp-x=0.5&amp;fp-y=0.3&amp;fp-z=1&amp;w=643&amp;h=264"/></div></div><div class="AutomaticTeaserNewsItem_m-automatic-teaser-news-item__content__eM_6_"><div class="AutomaticTeaserNewsItem_m-automatic-teaser-news-item__details__nib7X"><span class="AutomaticTeaserNewsItem_m-automatic-teaser-news-item__tag__dC1is">Global Corporate News</span><span class="AutomaticTeaserNewsItem_m-automatic-teaser-news-item__date__CLQrc">October 25, 2024</span></div><h3 class="AutomaticTeaserNewsItem_m-automatic-teaser-news-item__title__bqA4x">SGS Third Quarter 2024 Sales Update</h3><div class="AutomaticTeaserNewsItem_m-automatic-teaser-news-item__description__ypWiw richtext">We are proud to announce continued strong sales performance in Q3.</div></div></a><a class="AutomaticTeaserNewsItem_m-automatic-teaser-news-item__qkjxp AutomaticTeaserNewsItem__is-cta__2te63" aria-label="" href="/en/news/2024/07/sgs-2024-half-year-results"><div class="AutomaticTeaserNewsItem_m-automatic-teaser-news-item__image__VE_di"><div style="padding-bottom:56.25%" class="Image_a-aspect-ratio-image__Rmn_z"><img alt="HYR SGG Smiling Scientist" sizes="(max-width: 320px) 643px, 643px" srcSet="https://imgix-prod.sgs.com/-/jssmedia/sgscorp/images/corporate/hyr-sgg-smiling-scientist-2.cdn.en.1.jpg?fit=crop&amp;auto=format&amp;crop=focalpoint&amp;fp-x=0.55&amp;fp-y=0.4&amp;fp-z=1&amp;w=643&amp;h=264 643w" src="https://imgix-prod.sgs.com/-/media/sgscorp/images/corporate/hyr-sgg-smiling-scientist-2.cdn.en.1.jpg?fit=crop&amp;auto=format&amp;crop=focalpoint&amp;fp-x=0.55&amp;fp-y=0.4&amp;fp-z=1&amp;w=643&amp;h=264"/></div></div><div class="AutomaticTeaserNewsItem_m-automatic-teaser-news-item__content__eM_6_"><div class="AutomaticTeaserNewsItem_m-automatic-teaser-news-item__details__nib7X"><span class="AutomaticTeaserNewsItem_m-automatic-teaser-news-item__tag__dC1is">Global Corporate News</span><span class="AutomaticTeaserNewsItem_m-automatic-teaser-news-item__date__CLQrc">July 24, 2024</span></div><h3 class="AutomaticTeaserNewsItem_m-automatic-teaser-news-item__title__bqA4x">SGS 2024 Half Year Results</h3><div class="AutomaticTeaserNewsItem_m-automatic-teaser-news-item__description__ypWiw richtext">We are proud to announce strong results in H1 2024 with Strategy 27 on track.</div></div></a><a class="AutomaticTeaserNewsItem_m-automatic-teaser-news-item__qkjxp AutomaticTeaserNewsItem__is-cta__2te63" aria-label="" href="/en/news/2024/04/sgs-first-quarter-2024-sales-update"><div class="AutomaticTeaserNewsItem_m-automatic-teaser-news-item__image__VE_di"><div style="padding-bottom:56.25%" class="Image_a-aspect-ratio-image__Rmn_z"><img alt="SGS PROF Robot Aix en Provence France 16 extended AI" sizes="(max-width: 320px) 643px, 643px" srcSet="https://imgix-prod.sgs.com/-/jssmedia/sgscorp/images/connectivity-and-products/sgs-prof-robot-aix-en-provence-france-16-extended-ai.cdn.en.1.jpg?fit=crop&amp;auto=format&amp;crop=focalpoint&amp;fp-x=0.7&amp;fp-y=0.25&amp;fp-z=1&amp;w=643&amp;h=264 643w" src="https://imgix-prod.sgs.com/-/media/sgscorp/images/connectivity-and-products/sgs-prof-robot-aix-en-provence-france-16-extended-ai.cdn.en.1.jpg?fit=crop&amp;auto=format&amp;crop=focalpoint&amp;fp-x=0.7&amp;fp-y=0.25&amp;fp-z=1&amp;w=643&amp;h=264"/></div></div><div class="AutomaticTeaserNewsItem_m-automatic-teaser-news-item__content__eM_6_"><div class="AutomaticTeaserNewsItem_m-automatic-teaser-news-item__details__nib7X"><span class="AutomaticTeaserNewsItem_m-automatic-teaser-news-item__tag__dC1is">Global Corporate News</span><span class="AutomaticTeaserNewsItem_m-automatic-teaser-news-item__date__CLQrc">April 26, 2024</span></div><h3 class="AutomaticTeaserNewsItem_m-automatic-teaser-news-item__title__bqA4x">First Quarter 2024 Sales Update</h3><div class="AutomaticTeaserNewsItem_m-automatic-teaser-news-item__description__ypWiw richtext">We are pleased to announce a strong start to the year, with Strategy 27 on track.</div></div></a><a class="AutomaticTeaserNewsItem_m-automatic-teaser-news-item__qkjxp AutomaticTeaserNewsItem__is-cta__2te63" aria-label="" href="/en/news/2024/04/dividend-2023-announcement-of-final-terms"><div class="AutomaticTeaserNewsItem_m-automatic-teaser-news-item__image__VE_di"><div style="padding-bottom:56.25%" class="Image_a-aspect-ratio-image__Rmn_z"><img alt="Worker in a warehouse holding a red crate" sizes="(max-width: 320px) 643px, 643px" srcSet="https://imgix-prod.sgs.com/-/jssmedia/sgscorp/images/people/worker-in-a-warehouse-holding-a-red-crate-edit.cdn.en.1.jpg?fit=crop&amp;auto=format&amp;crop=focalpoint&amp;fp-x=0.5&amp;fp-y=0.35&amp;fp-z=1&amp;w=643&amp;h=264 643w" src="https://imgix-prod.sgs.com/-/media/sgscorp/images/people/worker-in-a-warehouse-holding-a-red-crate-edit.cdn.en.1.jpg?fit=crop&amp;auto=format&amp;crop=focalpoint&amp;fp-x=0.5&amp;fp-y=0.35&amp;fp-z=1&amp;w=643&amp;h=264"/></div></div><div class="AutomaticTeaserNewsItem_m-automatic-teaser-news-item__content__eM_6_"><div class="AutomaticTeaserNewsItem_m-automatic-teaser-news-item__details__nib7X"><span class="AutomaticTeaserNewsItem_m-automatic-teaser-news-item__tag__dC1is">Global Corporate News</span><span class="AutomaticTeaserNewsItem_m-automatic-teaser-news-item__date__CLQrc">April 22, 2024</span></div><h3 class="AutomaticTeaserNewsItem_m-automatic-teaser-news-item__title__bqA4x">Dividend 2023: Announcement of Final Terms</h3><div class="AutomaticTeaserNewsItem_m-automatic-teaser-news-item__description__ypWiw richtext">SGS announces today that 64.87% of the dividend for the financial year 2023 was elected to be paid in the form of new SGS shares, while the remaining 35.13% will be paid out in cash.</div></div></a></div></div></div></div></section><section class="AutomaticTeaserNewsAndResourcesComponent_o-automatic-teaser-news-and-resources-component___ftLF AutomaticTeaserNewsAndResourcesComponent__layout-horizontal__z3vCt pt-6 lg:pt-7 pb-7 lg:pb-7" style="background-color:var()"><div 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The organization has become more agile with a sharper focus on performance.\u003c/p\u003e\n\u003cp\u003eBreak-out sessions will deep dive into key strategic drivers, including North America, Asia Pacific, Sustainability, Digital Trust, M\u0026amp;A and SGS\u0026rsquo;s best-in-class laboratory network.\u003c/p\u003e\n\u003cp\u003eThe event will also highlight SGS\u0026rsquo;s pragmatic approach to innovation, automation and digitalization. Following a tour of one of Europe\u0026rsquo;s largest environmental analytics mass-flow laboratories, attendees will witness a groundbreaking demonstration of Samplifly \u0026mdash; SGS\u0026rsquo;s pioneering drone transport solution for sensitive samples.\u003c/p\u003e\n\u003ch2\u003eFast execution of Strategy 27\u003c/h2\u003e\n\u003cp\u003eThe accelerated execution of Strategy 27 is driving significant momentum across the organization, further strengthening management\u0026rsquo;s confidence in achieving sustained and strong performance.\u003c/p\u003e\n\u003cp\u003eBy 2027, SGS expects incremental sales of at least CHF 600 million from Sustainability and of at least CHF 200 million from Digital Trust. In the same time frame, a rebalanced geographic footprint is projected to double sales in North America. As part of this plan, bolt-on acquisitions are forecast to contribute 1% to 2% to group annual sales growth over the 2024-2027 period. SGS is announcing today its 10th acquisition so far this year with the signing of an agreement to purchase MP Machinery, a nuclear testing specialist in North America.\u003c/p\u003e\n\u003cp\u003eThe CHF 100 million cost savings plan is progressing faster than planned and an additional CHF 50 million in savings have been identified from procurement initiatives.\u003c/p\u003e\n\u003ch2\u003eFinancial objectives confirmed\u003c/h2\u003e\n\u003cp\u003eSGS fully confirms its financial objectives.\u003c/p\u003e\n\u003cp\u003e2024 Outlook:\u003c/p\u003e\n\u003cul\u003e\n \u003cli\u003eMid to high single-digit organic growth\u003c/li\u003e\n \u003cli\u003eRelaunched M\u0026amp;A program\u003c/li\u003e\n \u003cli\u003eImprovement in adjusted operating income margin on sales\u003c/li\u003e\n \u003cli\u003eStrong free cash flow generation\u003c/li\u003e\n\u003c/ul\u003e\n\u003cp\u003e2024-2027 Objectives:\u003c/p\u003e\n\u003cul\u003e\n \u003cli\u003e5% to 7% organic sales growth annually\u003c/li\u003e\n \u003cli\u003eSignificant improvement of at least 1.5 percentage points in adjusted operating income margin on sales by 2027\u003c/li\u003e\n \u003cli\u003eCash conversion exceeding 50% by 2027\u003c/li\u003e\n\u003c/ul\u003e\n\u003cp\u003eG\u0026eacute;raldine Picaud, CEO of SGS, commented:\u003c/p\u003e\n\u003cp\u003e\u003cem\u003e\u0026ldquo;I am proud of the rapid pace at which SGS is evolving. The remarkable progress in executing Strategy 27 is establishing a strong foundation for our next phase of growth. We have simplified our organization significantly and are ahead of target with our efficiency programs.\u003c/em\u003e\u003c/p\u003e\n\u003cp\u003e\u003cem\u003eThis Capital Markets Event demonstrates our pragmatic and disciplined approach to business, market positioning and innovation, which is sharpening our portfolio focus and accelerating profitability.\u003c/em\u003e\u003c/p\u003e\n\u003cp\u003e\u003cem\u003eOur brand promise \u0026mdash; \u0026lsquo;\u003c/em\u003eWhen you need to be sure\u003cem\u003e\u0026rsquo; \u0026mdash; reflects not only the reliability of our client services, but also our unwavering commitment to delivering exceptional shareholder value.\u0026rdquo;\u003c/em\u003e\u003c/p\u003e\n\u003ch2\u003eEvent broadcast details\u003c/h2\u003e\n\u003cp\u003eThe Capital Markets Event will be livestreamed, with opening and closing sessions available via registration at the following links:\u003c/p\u003e\n\u003cul\u003e\n \u003cli\u003e\u003ca rel=\"noopener noreferrer\" href=\"https://event.choruscall.com/mediaframe/webcast.html?webcastid=PJzLEaBY\" target=\"_blank\"\u003eWednesday 20 November 2024 | 8:30 am CET - CEO Plenary: Delivering Strategy 27\u003c/a\u003e\u003c/li\u003e\n \u003cli\u003e\u003ca rel=\"noopener noreferrer\" href=\"https://event.choruscall.com/mediaframe/webcast.html?webcastid=tWhWmxyM\" target=\"_blank\"\u003eWednesday 20 November 2024 | 1:15 pm CET \u0026ndash; Q\u0026amp;A with Executive Committe\u003c/a\u003e\u003c/li\u003e\n\u003c/ul\u003e"},"backgroundColor":null,"anchorId":{"value":"AC6"},"anchorTitle":{"value":""}}},{"uid":"20ca33dc-66aa-4b4f-9c43-d3a8af3e57f8","componentName":"RichText","dataSource":"{6BD765EB-168B-4F3C-AD35-EAD5BC94833A}","params":{},"fields":{"text":{"value":"\u003crichtext\u003e\u003cp\u003e\u003ca href=\"/-/media/sgscorp/documents/corporate/reports-and-presentations/2020s/2024/sgs-capital-markets-event-2024--executing-strategy-27-at-full-speed-en.cdn.en.1.ashx\" target=\"_blank\" data-extension=\"pdf\" data-document-type=\"Brochures\" data-publication-date=\"2024.11.19\" data-topic=\"About SGS,Investor Relations\" data-name=\"Capital Markets Event 2024 Executing Strategy 27 at Full Speed\" data-activity-type=\"\"\u003eDownload the PDF \u0026gt;\u003c/a\u003e\u003c/p\u003e\u003c/richtext\u003e"},"backgroundColor":null,"anchorId":{"value":"6BD"},"anchorTitle":{"value":""}}},{"uid":"ff39a1cf-5235-4435-a2bf-d2b826e782f7","componentName":"PromoBanner3Col","dataSource":"{CE877B95-A8E5-469E-9C65-E9EA251870A6}","params":{},"fields":{"background":{"value":{"src":null,"alt":null,"imageParams":null}},"backgroundMobile":{"value":{"src":null,"alt":null,"imageParams":null}},"anchorTitle":{"value":""},"anchorId":{"value":"CE8"},"backgroundVideo":{"value":null},"backgroundVideoMobile":{"value":null},"backgroundVideoType":{"value":null},"backgroundVideoMobileType":{"value":null},"backgroundVideoCaption":{"value":null},"videoBackgroundDescription":{"value":""},"backgroundColor":{"value":"--color-base-white"},"preload":{"value":"metadata"},"trackLabel":{"value":"English"},"trackKind":{"value":"captions"},"isDark":{"value":false},"cta1":{"value":{"href":"/en/investors/financial-calendar/capital-markets-event","text":"Learn more","linktype":"internal","class":"","title":"","target":"","id":"{F5509619-2043-4E36-9C82-36F5AE9B3819}"}},"cta2":null,"cta1IsDownloadable":{"value":false},"cta2IsDownloadable":{"value":false}},"placeholders":{"promo-banner-3-col-placeholder":[{"uid":"b5a02dcf-b69c-4ba2-b905-4b9a1fc123d4","componentName":"MultiColumnsContainer","dataSource":"","params":{"maxColumns":"3"},"fields":{"placeholdersCount":{"value":0}},"placeholders":{"col-1":[],"col-2":[],"col-3":[]}}]}},{"uid":"86985bf2-5493-4c33-ac73-af3974d65d4b","componentName":"RichText","dataSource":"{737BB04E-D21A-415B-B01F-3723B4B3AF3C}","params":{"paddingBottom":"1"},"fields":{"text":{"value":"\u003ch2\u003eAbout SGS\u003c/h2\u003e\n\u003cp\u003eSGS is the world\u0026rsquo;s leading Testing, Inspection, and Certification company. Headquartered in Switzerland, we operate a network of over 2,700 laboratories and business facilities across 119 countries, supported by a team of 99,250 dedicated professionals. With over 145 years of service excellence, we bring Swiss precision and accuracy to help organizations worldwide achieve the highest standards of quality, safety, and compliance.\u003c/p\u003e\n\u003cp\u003eOur brand promise \u0026mdash; \u0026ldquo;When you need to be sure\u0026rdquo; \u0026mdash; underscores our commitment to trust, integrity and sustainability, enabling businesses to thrive with confidence. We proudly deliver expert services under the SGS name and through highly respected specialized brands, including Brightsight, Bluesign, Maine Pointe, Nutrasource, and Samplifly.\u003c/p\u003e\n\u003cp\u003eSGS is publicly traded on the SIX Swiss Exchange under the ticker symbol SGSN (ISIN CH0002497458, Reuters SGSN.S, Bloomberg SGSN:SW).\u003c/p\u003e"},"backgroundColor":null,"anchorId":{"value":"DD6"},"anchorTitle":{"value":"About 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