Business & Finance

SGS expects sales growth in 2018 after FY profit rises

Published January 23, 2018 Updated January 23, 2018 07:51am

SGS and peers like France's Bureau Veritas and Britain's Intertek are benefiting from expanding regulations, notably in the area of food safety and ecommerce, and have recently seen their oil and minerals businesses recover.

"The group expects to deliver solid organic revenue growth and higher adjusted operating income margin on a constant currency basis," SGS that tests everything from toy safety to hotel hospitality said in a statement on Tuesday.

Copyright Reuters, 2018