News Column

LGT- SGS delivered optimistic outlook and offers higher dividend

January 22, 2014

ENP Newswire - 22 January 2014 Release date- 21012014 - SGS (Buy*) results only slightly disappointed in 2013, but delivered a sound outlook. Sales increased 6.5% in local currencies to CHF5.8bn and operating income by 8% to CHF977m , resulting in a net profit of CHF600m (+13%; consensus CHF611m ). In 2014, the company will further improve top- (6-9% growth over the next 3 years) and bottom-line and offers a dividend of CHF 65 per share, which exceeded expectations of CHF61 .

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Source: ENP Newswire

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