SGS (SGSN.SW) reported third quarter sales of 1.7 billion Swiss francs, up 1.8% compared to prior year. The company said organic growth of 6.0% and positive net scope effect of 1.9% more than offset the adverse foreign exchange effect of 6.1%. Testing & Inspection delivered organic sales growth of 6.3%. Business Assurance achieved 3.7% organic sales growth.
SGS confirmed all its targets for 2025. The company continues to project 5% to 7% organic sales growth.
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.