SGS AG
SGSN: XSWX (CHE)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| g#N | LOCK|^vl | LOCK|H!>WcX |
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.
