)

SGS (SGSN) investor relations material
SGS Q3 2025 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Executive summary
- Q3 2025 sales reached CHF 1,729 million, up 6.0% organically and 1.8% year-over-year, driven by Sustainability, Digital Trust, and supply chain migration, with 17 bolt-on acquisitions year-to-date. 
- New global framework 'SGS DIGITAL TRUST' launched, focusing on digital trust, safety, cybersecurity, and sustainability. 
- Five notable acquisitions in Q3 included MPR Services, Fulcrum Robotics, Geosol, Tres60, and Qualitest, expanding presence in North America, Australia, Brazil, Chile, and Canada. 
- 17 acquisitions year-to-date contributed over CHF 150 million in annual sales. 
- Double-digit growth in Sustainability, with new partnerships and certifications for major clients. 
Financial highlights
- Organic sales growth of 6.0% in Q3 2025, with a 1.9% positive scope effect and -6.1% FX impact; constant currency growth was 7.9%. 
- Q3 2025 sales by division: Asia Pacific CHF 511m (+7.6%), Europe CHF 510m (+4.5%), North America CHF 184m (+3.9%), Latin America CHF 153m (+14.1%). 
- Nine-month sales reached CHF 5,151 million, up 2.3% year-over-year, with 5.5% organic growth and 1.6% from acquisitions. 
- Forex translation had a -6.1% impact in Q3 and -4.8% in 9M, affecting reported results. 
Outlook and guidance
- 2025 guidance confirmed: 5–7% organic sales growth, 1–2% bolt-on M&A contribution, at least 30bps AOI margin improvement, and strong free cash flow generation. 
- Adjusted operating income margin to improve by at least 30 basis points, supported by corporate savings plans. 
- Organic growth for the full year expected to remain close to the nine-month rate, with a prudent outlook due to economic uncertainty. 
Next SGS earnings date

The essential earnings season companion
The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
)
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
)
I can't remember the last time an app had such a positive impact on my investment process.
)
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
)
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
I can't remember the last time an app had such a positive impact on my investment process.
)
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
)
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
Frequently asked questions
Inspection and Verification
SGS SA is a Swiss company with multinational operations that specializes in inspection, verification, testing, and certification services. The company provides a range of services aimed at ensuring product quality, compliance with regulations, and operational efficiency in various sectors. Its services are designed to ensure that products or services meet the standards set by regulations or by the company’s customers themselves. SGS is headquartered in Geneva, Switzerland, and its shares are traded on the SGSN.
From Grain Inspections on the Seine to Global Company
SGS SA, founded in 1878 in Rouen, France, has evolved into a global leader in inspection, verification, testing, and certification services. Initially established as a grain shipment inspection house in the port of Rouen, the company expanded its services to cater to a broader range of commodities over time. In the early 20th century, SGS began offering vehicle inspection services, marking a significant diversification. Post-World War II, the firm accelerated its expansion, establishing offices worldwide. The 1980s and 1990s witnessed further growth through a series of strategic acquisitions, enabling SGS to offer a wider range of services across various sectors. Today, SGS operates a network spanning multiple countries, providing services critical to international trade and industry compliance standards.
The Services
SGS SA offers a diverse array of services across multiple sectors, focusing on inspection, verification, testing, and certification. In inspection, they assess products, processes, and installations across industries to ensure regulatory and standards compliance. Verification services involve checking the conformity of products and services against global standards, often crucial in international trade. Testing services are comprehensive, encompassing performance, safety, and regulatory compliance tests for various products. Lastly, certification services by SGS ensure that products, systems, or services meet the standards set by governments and standardization bodies. Some companies offering similar services are Bureeu Veritas, Intertek, and Eurofins Scientific.
Target customers
SGS SA serves a broad and diverse customer base spanning multiple sectors. These include industries such as agriculture, automotive, chemicals, construction, consumer goods, energy, environment, life sciences, industrial manufacturing, and mining. The company's services are crucial for businesses needing to ensure compliance with international standards and regulations, making them a vital partner for companies engaged in global trade. Additionally, SGS caters to governments and public institutions, offering services that aid in regulatory compliance and public safety.
- Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free. 
- Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions. 
- Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more. 
Explore our global coverage
)
)