SGS AG

SGSN: XSWX (CHE)
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SGS Earnings: Bolt-on Acquisitions Strengthen US Footprint; Shares Fully Valued

SGS reported a strong first-half performance, with organic sales up 5.3% year over year, accompanied by an 80-basis-point increase in adjusted operating margin to 14.9%. Management provided additional details on the recent acquisition of Applied Technical Services and reaffirmed full-year guidance.

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