SGS: The latest figures, news and market research on SGS

Turnover: 6.7 billion EUR (2022)

Country: Switzerland

World leader in inspection, testing, inspection, control (ICT) companies
97,000 employees
network of 2,650 offices and laboratories worldwide
SGS France employs 2,800 people in over 120 offices and inspection centers and 33 laboratories and testing centers.
Active in the fields of agricultural and agri-food products, pharmaceuticals, cosmetics, consumer goods, energy, chemicals, environment and industrial services.
In France, with the SECURITEST and AUTO SECURITE networks, SGS is No. 1 in vehicle roadworthiness testing, with nearly 2,000 test centers.

SGS to cut earnings by 2022 26/01/2023

Net income in 2022: 588 million Swiss francs (586 million euros), down 4.1% on 2021
Sales in 2022: 6.6 billion Swiss francs, up 3.7%
Growth excluding currency effects in 2022: 6.8%
Analyst forecasts: sales of 6.7 billion Swiss francs and profits of 601 million Swiss francs
expected annual savings from 2023 thanks to restructuring program: CHF 50 million
Expected job cuts as a result of restructuring: 1,500 (1.5% of workforce)
Pre-tax charge recorded in the accounts: 46 million Swiss francs
Seven business acquisitions completed by 2022, including German laboratory Proderm
Organic growth forecast for 2023: mid-single-digit increase

SGS sales rose by +5.6% in 2018.

Present in over 130 countries, the Group has more than 2,600 branches worldwide, including around 50 in France.

SGS pursues an active external growth policy: in 2018 alone, there were 8 acquisitions.

SGS France's sales are expected to reach 186 million in 2019