Record Cash Generation
SGS achieved a record high cash generation of CHF748 million in 2024, marking a 24% increase compared to 2023.
Strong Organic Growth
SGS reported a strong organic growth of 7.5%, contributing to a record net sales of CHF6.8 billion.
Significant Margin Improvement
The company reported a 15.3% margin on sales, a 60 basis points increase over 2023.
Successful M&A Strategy
SGS completed 14 bolt-on acquisitions in 2024, enhancing its portfolio and reinforcing its presence, particularly in North America.
Double-Digit Growth in Sustainability
Incremental sales of CHF100 million were recorded in sustainability, with strong double-digit growth in climate-related services.
Improved Leverage
The company's leverage improved from 2 times in 2023 to 1.8 times in 2024, demonstrating financial stability.
Strong Performance in Natural Resources
The Natural Resources segment saw a strong organic sales growth of 7.6%, with significant contributions from minerals and oil, gas, and chemicals.