Enabling a better, safer and more interconnected world2020 Annual Reports

We are pleased to announce a year of robust results across the SGS Group in which we showed leadership and resilience in the face of a global pandemic.

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Letter to Shareholders

SGS Executives

We've started to implement the next phase of our strategic evolution with the purpose of enabling a better, safer and more interconnected world for employees, customers, shareholders and for society.

Dear Shareholders,

This year has marked the completion of significant strategic milestones for SGS. We completed our ‘Mission 2020’ strategy and our Sustainability Ambitions, launched the next stage of our strategic evolution and announced the acquisition of SYNLAB Analytics & Services (A&S). However, the outstanding feature of the year has been the dynamism and responsiveness demonstrated by our employees in challenging circumstances. Through their hard work, commitment and entrepreneurism in supporting our customers, SGS has delivered a strong operational performance, reinforcing our leadership position in the TIC industry.

The resilience of our business model was reflected in a robust revenue performance, which, supported by the achievement of over CHF 90 million of structural cost savings coupled with strong cost management and EVA-driven performance management, has resulted in a 20 basis points increase in the adjusted operating income margin* at constant currency*, despite the revenue decline in 2020.

See the full letter in our 2020 Integrated Report.