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(AWP Alliance News) - SGS SA delivered record sales growth in the third quarter, driven by strong organic growth and good progress in its mergers & acquisitions activity.
The Geneva, Switzerland-based company provides inspection, verification, testing, and certification services.
SGS said third-quarter sales reached CHF1.98 billion, or USD2.40 billion, up 15% from CHF1.73 billion a year earlier. This represented an organic growth of 5.7%.
Chief Executive Officer Geraldine Picaud said: "SGS delivered its highest-ever quarterly sales increase in the third quarter, supported by strong organic growth and the continued contribution from acquisitions."
Its frameworks, SGS Digital Trust and Impact Now, grew 37% and 23%, respectively.
SGS said its acquisition strategy progressed in the period, highlighting the takeover of US cybersecurity expert Prescient Security LLC, which was integrated into the SGS Digital Trust platform.
SGS confirmed its 2026 outlook of 5% to 7% organic sales growth and 7% growth from acquisitions.
SGS shares rose 0.4% to CHF101.30 in Zurich on Friday.
By Camilla Borri, Alliance News reporter
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