SGS Investor Relations Material
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Q3 2024 TU
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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.