SGS posts 12.7 percent net profit drop for 2015

Testing and inspections company SGS SA on January 20 posted a 12.7 percent drop in net profit for 2015, roughly in line with analysts' forecast, impacted by the decline in commodity prices. The Swiss company said net profit for the year was 549 million Swiss francs ($549.38 million), compared with the average forecast for 550 million francs in a Reuters poll of eight analysts.
It said the board would recommend a dividend of 68 francs per share, unchanged from the previous year, at its annual general meeting on 14 March.