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Investing.com -- Shares of SGS (SIX:SGSN), the Swiss testing, inspection, and certification company, saw a 5.7% increase in the European trade, reaching 95.96 Swiss francs.
The firm’s adjusted operating profit for 2024 was 1.04 billion francs ($1.14 billion), marking a 7.1% rise from the previous year.
Net profit also saw an increase, with a 5.1% rise to 581 million francs. Revenue, on an organic basis, was up by 7.5% to 6.79 billion francs.
Looking to the future, SGS has projected an organic sales growth of between 5% and 7% for 2025. Alongside this, the company expects to see an improvement in its adjusted operating profit margin of at least 30 basis points.
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