At a meeting held during the weekend in Montreux (Switzerland), SGS launched with 150 of its key business leaders the next stage in the Groups' long history, unveiling a new four year strategic plan to 2014. 

The Plan has been designed in close cooperation and with the full support of the Board of Directors, defining the strategic lines SGS will pursue in order to strengthen its dominant position in the TIC industry, delivering strong organic growth and relying on acquisitions to expand certain areas of its service offering and geographical coverage. 

With this Plan, SGS aims to achieve Revenues of CHF 8 billion, Operating income* of CHF 1.6 billion (20% operating margin) and Earnings per Share of approximately CHF 140.-, by 2014, while maintaining strong annual Operating cash flows of 15% to 17% of Revenues. 

The Management will present the Plan to the financial community on 24 September in Rouen, where SGS was founded. 

* (before amortisation of intangibles, transaction costs and non-recurring items)

ABOUT SGS

The SGS Group is the global leader and innovator in inspection, verification, testing and certification services. Founded in 1878, SGS is recognized as the global benchmark in quality and integrity. With 59'000 employees, SGS operates a network of over 1'000 offices and laboratories around the world.
 

FOR FURTHER INFORMATION, PLEASE CONTACT:  

Jean-Luc de Buman
Corporate Communications & Investor Relations

SGS SA
1 place des Alpes
CH 1211 Geneva 1

Tel:       +41 (22) 739 95 93
Fax:     +41 (22) 739 98 61

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