# SGS

Summary updated: 2026-03-19T20:48:49.706008Z
Canonical: https://finbar.com/research/companies/sgs

## Overview

SGS SA is a global testing, inspection and certification company headquartered in Geneva, Switzerland, with operations spanning nearly every industry.[1](https://app.finbar.com/go?id=P-df5c1abbd1664ad788545df4ee87c25f)[2](https://app.finbar.com/go?id=P-4ca836387eef41138cab84e350710d79) It operates in the testing, inspection and certification (TIC) sector, providing testing services to verify products against health, safety and regulatory requirements, inspection services to assess quantity and quality and support regulatory compliance, and certification services that confirm products, processes, systems or services meet applicable standards and regulations.[3](https://app.finbar.com/go?id=P-24559d0d63b7474ca94ef175b1ae9997)[4](https://app.finbar.com/go?id=P-7847c30db62f4bbb987aaca456fb81ed)[5](https://app.finbar.com/go?id=P-e0fa16a0863c462b9dfb0036cacfebb4)[6](https://app.finbar.com/go?id=P-00ba04fb605a4926a6b94ec361c08401) Its portfolio covers areas including industries and environment, natural resources, connectivity and products, health and nutrition, and business assurance.[7](https://app.finbar.com/go?id=P-6c386adf9ea64a05bde72f3a032f7d0c)[8](https://app.finbar.com/go?id=P-cf2d51a232c649ea8199832025633b0b)[9](https://app.finbar.com/go?id=P-67f682c8bd1c4dce8403170f5f3e2c4c)[10](https://app.finbar.com/go?id=P-7df3a7439f664962a819bb5c94ebac8d)[11](https://app.finbar.com/go?id=P-0e41456a0abb460c9a62ba6cb835ce70) SGS frames its mission around trust and assurance, summarized by its long-standing promise, “When you need to be sure.”[12](https://app.finbar.com/go?id=P-3f03830d72f6477588ab1f3c7b20467e)

Founded in 1878, SGS has grown into a large international network operating in 115 countries.[13](https://www.sgs.com/en-ch/our-company/about-sgs/our-history)[14](https://app.finbar.com/go?id=P-02f08df18491446ea6b623ab6c6f8d4e) In 2024, the company reported sales of CHF 6.794 billion and employed 99,483 people.[15](https://app.finbar.com/go?id=P-512befe3af5246a997039b743aa0bde4)[16](https://app.finbar.com/go?id=P-a67a711657be4cff8109f0d685de8911) Its sales base is globally diversified, with Asia Pacific and Europe representing the largest regional shares, alongside North America, Eastern Europe/Middle East/Africa and Latin America.[17](https://app.finbar.com/go?id=P-0f06fcaf9a9d4296a60f0b1860283c19)[18](https://app.finbar.com/go?id=P-4dce86f2c0f9438c8170041ff67a431e)[19](https://app.finbar.com/go?id=P-9ff61b9f218b4008808ca98856506cdf)[20](https://app.finbar.com/go?id=P-9032bed36fc5427e9a2e482ee493d4af)[21](https://app.finbar.com/go?id=P-be05f2b7f7974e55a7fe33c77d6e7d86)
[1](https://app.finbar.com/go?id=P-df5c1abbd1664ad788545df4ee87c25f)[2](https://app.finbar.com/go?id=P-4ca836387eef41138cab84e350710d79)[3](https://app.finbar.com/go?id=P-24559d0d63b7474ca94ef175b1ae9997)[4](https://app.finbar.com/go?id=P-7847c30db62f4bbb987aaca456fb81ed)[5](https://app.finbar.com/go?id=P-e0fa16a0863c462b9dfb0036cacfebb4)[6](https://app.finbar.com/go?id=P-00ba04fb605a4926a6b94ec361c08401)[7](https://app.finbar.com/go?id=P-6c386adf9ea64a05bde72f3a032f7d0c)[8](https://app.finbar.com/go?id=P-cf2d51a232c649ea8199832025633b0b)[9](https://app.finbar.com/go?id=P-67f682c8bd1c4dce8403170f5f3e2c4c)[10](https://app.finbar.com/go?id=P-7df3a7439f664962a819bb5c94ebac8d)[11](https://app.finbar.com/go?id=P-0e41456a0abb460c9a62ba6cb835ce70)[12](https://app.finbar.com/go?id=P-3f03830d72f6477588ab1f3c7b20467e)[14](https://app.finbar.com/go?id=P-02f08df18491446ea6b623ab6c6f8d4e)[15](https://app.finbar.com/go?id=P-512befe3af5246a997039b743aa0bde4)[16](https://app.finbar.com/go?id=P-a67a711657be4cff8109f0d685de8911)[17](https://app.finbar.com/go?id=P-0f06fcaf9a9d4296a60f0b1860283c19)[18](https://app.finbar.com/go?id=P-4dce86f2c0f9438c8170041ff67a431e)[19](https://app.finbar.com/go?id=P-9ff61b9f218b4008808ca98856506cdf)[20](https://app.finbar.com/go?id=P-9032bed36fc5427e9a2e482ee493d4af)[21](https://app.finbar.com/go?id=P-be05f2b7f7974e55a7fe33c77d6e7d86)[13](https://www.sgs.com/en-ch/our-company/about-sgs/our-history)

## Products & services

SGS’s offerings are primarily testing, inspection, certification and assurance services rather than manufactured goods. In 2024, its largest product/service categories were Industries & Environment testing and inspection (33% of group sales), Natural Resources testing and inspection (24%), Connectivity & Products testing and inspection (19%), Health & Nutrition testing and inspection (13%), and Business Assurance certification (11%). [22](https://app.finbar.com/go?id=P-3e692909335042089bcb3be46475f853)[23](https://app.finbar.com/go?id=P-7a534fe3094f4809837b2cb264873029)[24](https://app.finbar.com/go?id=P-8246ba0925184dfbbd324ee05c6f81a7)[25](https://app.finbar.com/go?id=P-916332bc70d441a2aff0cc947e9b0392)[26](https://app.finbar.com/go?id=P-c1b8262e483f472fb420258bd565fe69)[27](https://app.finbar.com/go?id=P-0f21a26ae9b04ed8a9377bae1dacc98c)[28](https://app.finbar.com/go?id=P-c485dee3b1fb4288af2f79de09614c20)[29](https://app.finbar.com/go?id=P-03b6ca41809643d0b7089ec588647775)[30](https://app.finbar.com/go?id=P-2c3e704279564bbba253a403c050abb5)[31](https://app.finbar.com/go?id=P-3adc4d3785cd4b1790650e901a0a2269)

Within Industries & Environment, SGS sells testing, inspection, certification and advisory services including industrial assurance solutions; a cited technical capability is PFAS testing, including validation of LC-MS/MS methods for PFAS in waste-incineration emissions in Germany for ECHA. [32](https://app.finbar.com/go?id=P-8c8516e02f27401d8392b240ee2aa418)[33](https://app.finbar.com/go?id=P-f7c49fae5c294c79b6deb9afe3935c22) Natural Resources covers testing, inspection and consulting for minerals, energy, chemicals and agriculture, with services such as laboratory outsourcing, commodities logistics, geochemistry, metallurgy, consulting and market intelligence; SGS also highlights automated portable X-ray fluorescence analysis in Australia with capacity of 50,000 soil samples a month, PhotonAssay deployment across its network, and Samplifly, a digitalized drone service for dangerous-goods samples that can reduce CO2 emissions by up to 80%. [34](https://app.finbar.com/go?id=P-ef8a6cedd35f43ee8b3f9869199f6344)[35](https://app.finbar.com/go?id=P-7346185ab0494c55861798d08c496322)[36](https://app.finbar.com/go?id=P-fb66e4e26aa444a78a7d5865d3c21930)[37](https://app.finbar.com/go?id=P-595af33d0e8446869c18a432f751679a)[38](https://app.finbar.com/go?id=P-ac1f920860744ddc82acba06b7237533)

Connectivity & Products provides end-to-end testing and certification for automotive, electronics, cybersecurity, hard goods and softlines, using technologies such as 5G, IoT and AI; named offers include Hazardous Substances Assessed (HSA) certification under the SGS Environmental Claim Certification Scheme, where SGS says it evaluated more than 300 substances including heavy metals, persistent organic pollutants and VOCs, and Brightsight cybersecurity services, which include Common Criteria evaluation for post-quantum cryptography, AI management-system certification and related digital-trust work delivered by 500+ experts in 10 accredited cyberlabs. [39](https://app.finbar.com/go?id=P-68dde985aa614f47a701ef10ce99e107)[40](https://app.finbar.com/go?id=P-ad4f7e5a46d6492e87f5a9c7507a7418)[41](https://app.finbar.com/go?id=P-c33ce8306f944b058c644928ea71b0b4)[42](https://app.finbar.com/go?id=P-425cdbf82db140e8aa790d9dfea8fafe)[43](https://app.finbar.com/go?id=P-34f83f9b31284733b52ce58720a1271e)[44](https://app.finbar.com/go?id=P-fda6da4343a44470b829104f63cdb10e)[45](https://app.finbar.com/go?id=P-d60d8612d17b41f091663d28fc140c59)[46](https://app.finbar.com/go?id=P-5c6109ffb3a74ec7b1e9ffdb4fe1676b) Health & Nutrition offers advanced analytical testing and clinical research for consumables, healthcare and wellness products, including food, cosmetics and health-sciences testing, microbiological analysis and sustainability services; SGS also markets MOSH/MOAH mineral-oil hydrocarbon analysis using LC-GC-FID to ISO 20122. [47](https://app.finbar.com/go?id=P-049024162492413e9a832a8e6a0644cc)[48](https://app.finbar.com/go?id=P-c8b92c7547704caca04014508c0123aa)[49](https://sgs-institut-fresenius.de/en/newsdetails/news/mosh-moah-analysis-according-to-iso-201222024-04-available) In Business Assurance, SGS provides certification and business-enhancement services spanning cybersecurity, privacy, AI, carbon-emissions measurement and ESG disclosures, and it specifically lists EDGE Certification, which evaluates representation, pay equity, career flows and inclusiveness. [50](https://app.finbar.com/go?id=P-0ca900fb031642f482668586d915a8a1)[51](https://app.finbar.com/go?id=P-5415916cb7c5498ba1429c4643877983)
[22](https://app.finbar.com/go?id=P-3e692909335042089bcb3be46475f853)[23](https://app.finbar.com/go?id=P-7a534fe3094f4809837b2cb264873029)[24](https://app.finbar.com/go?id=P-8246ba0925184dfbbd324ee05c6f81a7)[25](https://app.finbar.com/go?id=P-916332bc70d441a2aff0cc947e9b0392)[26](https://app.finbar.com/go?id=P-c1b8262e483f472fb420258bd565fe69)[27](https://app.finbar.com/go?id=P-0f21a26ae9b04ed8a9377bae1dacc98c)[28](https://app.finbar.com/go?id=P-c485dee3b1fb4288af2f79de09614c20)[29](https://app.finbar.com/go?id=P-03b6ca41809643d0b7089ec588647775)[30](https://app.finbar.com/go?id=P-2c3e704279564bbba253a403c050abb5)[31](https://app.finbar.com/go?id=P-3adc4d3785cd4b1790650e901a0a2269)[32](https://app.finbar.com/go?id=P-8c8516e02f27401d8392b240ee2aa418)[33](https://app.finbar.com/go?id=P-f7c49fae5c294c79b6deb9afe3935c22)[34](https://app.finbar.com/go?id=P-ef8a6cedd35f43ee8b3f9869199f6344)[35](https://app.finbar.com/go?id=P-7346185ab0494c55861798d08c496322)[36](https://app.finbar.com/go?id=P-fb66e4e26aa444a78a7d5865d3c21930)[37](https://app.finbar.com/go?id=P-595af33d0e8446869c18a432f751679a)[38](https://app.finbar.com/go?id=P-ac1f920860744ddc82acba06b7237533)[39](https://app.finbar.com/go?id=P-68dde985aa614f47a701ef10ce99e107)[40](https://app.finbar.com/go?id=P-ad4f7e5a46d6492e87f5a9c7507a7418)[41](https://app.finbar.com/go?id=P-c33ce8306f944b058c644928ea71b0b4)[42](https://app.finbar.com/go?id=P-425cdbf82db140e8aa790d9dfea8fafe)[43](https://app.finbar.com/go?id=P-34f83f9b31284733b52ce58720a1271e)[44](https://app.finbar.com/go?id=P-fda6da4343a44470b829104f63cdb10e)[45](https://app.finbar.com/go?id=P-d60d8612d17b41f091663d28fc140c59)[46](https://app.finbar.com/go?id=P-5c6109ffb3a74ec7b1e9ffdb4fe1676b)[47](https://app.finbar.com/go?id=P-049024162492413e9a832a8e6a0644cc)[48](https://app.finbar.com/go?id=P-c8b92c7547704caca04014508c0123aa)[50](https://app.finbar.com/go?id=P-0ca900fb031642f482668586d915a8a1)[51](https://app.finbar.com/go?id=P-5415916cb7c5498ba1429c4643877983)[49](https://sgs-institut-fresenius.de/en/newsdetails/news/mosh-moah-analysis-according-to-iso-201222024-04-available)

## Geographic presence

SGS is headquartered in Geneva, Switzerland, and operates in 115 countries through 2,504 laboratories and business facilities.[52](https://app.finbar.com/go?id=P-d4bedda57d3748639fa4f81eebaa21ce)[14](https://app.finbar.com/go?id=P-02f08df18491446ea6b623ab6c6f8d4e)[53](https://app.finbar.com/go?id=P-0423e95f8c2a41fb94c2f09cf125d875) Its geographic reporting is organized into five regions: Asia Pacific, Europe, North America, Eastern Europe, Middle East and Africa, and Latin America.[54](https://app.finbar.com/go?id=P-0acc14aafea2470a85876ada4171b69b) In 2024, sales from external customers were split across Asia Pacific at CHF 2,324 million (34%), Europe at CHF 2,231 million (33%), North America at CHF 827 million (12%), Eastern Europe, Middle East and Africa at CHF 808 million (12%), and Latin America at CHF 604 million (9%).[55](https://app.finbar.com/go?id=P-c86e89b2c2214560939770aca7999c86)[56](https://app.finbar.com/go?id=T-de317972dbaa4e6b9c6de54cbc3e2a0f) On that basis, Europe plus Eastern Europe, Middle East and Africa represented 45% of sales, while North and Latin America together represented 21%.[56](https://app.finbar.com/go?id=T-de317972dbaa4e6b9c6de54cbc3e2a0f) SGS states that sales and operating income are attributed geographically based on where services are rendered.[57](https://app.finbar.com/go?id=P-89e10d3c6e3f458780b59deded24de74)

Regionally, the facility footprint is largest in Europe with 934 laboratories and business facilities, followed by Eastern Europe, Middle East and Africa with 578, Asia Pacific with 550, Latin America with 261, and North America with 181.[58](https://app.finbar.com/go?id=P-19679530ad0d422eb7ea3f0ca0ac03b0)[59](https://app.finbar.com/go?id=P-7dfafb54639d4977a5f2e84e71a804a4)[60](https://app.finbar.com/go?id=P-69cdf7cc075c4d059f71164dd8fedd5d)[61](https://app.finbar.com/go?id=P-6e37b624e74443a89eb3dfc69ae9485b)[62](https://app.finbar.com/go?id=P-410fa1db8e2f48e39f74bc0d74c11c33) Year-end 2024 employment totaled 102,413, with 37,493 employees in Asia Pacific, 24,028 in Europe, 19,578 in Eastern Europe, Middle East and Africa, 15,418 in Latin America, and 5,896 in North America.[63](https://app.finbar.com/go?id=T-f77a3d536f0d46228ae16a48fc641730)[64](https://app.finbar.com/go?id=T-8f3186fbda484a8f90137677f1e71d6f)
[52](https://app.finbar.com/go?id=P-d4bedda57d3748639fa4f81eebaa21ce)[14](https://app.finbar.com/go?id=P-02f08df18491446ea6b623ab6c6f8d4e)[53](https://app.finbar.com/go?id=P-0423e95f8c2a41fb94c2f09cf125d875)[54](https://app.finbar.com/go?id=P-0acc14aafea2470a85876ada4171b69b)[55](https://app.finbar.com/go?id=P-c86e89b2c2214560939770aca7999c86)[56](https://app.finbar.com/go?id=T-de317972dbaa4e6b9c6de54cbc3e2a0f)[57](https://app.finbar.com/go?id=P-89e10d3c6e3f458780b59deded24de74)[58](https://app.finbar.com/go?id=P-19679530ad0d422eb7ea3f0ca0ac03b0)[59](https://app.finbar.com/go?id=P-7dfafb54639d4977a5f2e84e71a804a4)[60](https://app.finbar.com/go?id=P-69cdf7cc075c4d059f71164dd8fedd5d)[61](https://app.finbar.com/go?id=P-6e37b624e74443a89eb3dfc69ae9485b)[62](https://app.finbar.com/go?id=P-410fa1db8e2f48e39f74bc0d74c11c33)[63](https://app.finbar.com/go?id=T-f77a3d536f0d46228ae16a48fc641730)[64](https://app.finbar.com/go?id=T-8f3186fbda484a8f90137677f1e71d6f)

## Business segments

SGS currently reports two operating segments: Testing & Inspection and Certification. Testing & Inspection contains four business lines aligned to end-markets—Industries & Environment, Natural Resources, Connectivity & Products, and Health & Nutrition—while Certification consists of the Business Assurance business line. On 2024 sales, Testing & Inspection generated CHF 6,033 million, or about 89% of group revenue, and Certification generated CHF 761 million, or about 11%. [65](https://app.finbar.com/go?id=P-9ab0651303d64eaf9b333eab7e1cee10)[66](https://app.finbar.com/go?id=P-61307815c889437b889a793913140a4d)[67](https://app.finbar.com/go?id=P-f562a01f3e9749769bd717f8be990cc7)[68](https://app.finbar.com/go?id=T-feef19323eca4ffdb2fc8757a85b9c0c)

At the more detailed business-line level, Industries & Environment is the largest activity at CHF 2,261 million, or 33.3% of revenue, and focuses on field services and inspection, technical assessment and advisory, industrial and public health and safety, environmental testing, and public mandates. Natural Resources contributed CHF 1,612 million, or 23.7%, covering trade and inspection of minerals, oil and gas and agricultural commodities, as well as laboratory testing, metallurgy, consulting, and market intelligence. Connectivity & Products contributed CHF 1,282 million, or 18.9%, serving electrical and electronic goods, softlines, hardlines, and trade facilitation. Health & Nutrition contributed CHF 878 million, or 12.9%, covering food, crop science, health science, and cosmetics and hygiene. Business Assurance contributed CHF 761 million, or 11.2%, focused on management system certification, customized audits, consulting, and academy services. [69](https://app.finbar.com/go?id=T-c4a52ab0138c43118519007641a1ee1f)[7](https://app.finbar.com/go?id=P-6c386adf9ea64a05bde72f3a032f7d0c)[8](https://app.finbar.com/go?id=P-cf2d51a232c649ea8199832025633b0b)[9](https://app.finbar.com/go?id=P-67f682c8bd1c4dce8403170f5f3e2c4c)[10](https://app.finbar.com/go?id=P-7df3a7439f664962a819bb5c94ebac8d)[67](https://app.finbar.com/go?id=P-f562a01f3e9749769bd717f8be990cc7)
[65](https://app.finbar.com/go?id=P-9ab0651303d64eaf9b333eab7e1cee10)[66](https://app.finbar.com/go?id=P-61307815c889437b889a793913140a4d)[67](https://app.finbar.com/go?id=P-f562a01f3e9749769bd717f8be990cc7)[68](https://app.finbar.com/go?id=T-feef19323eca4ffdb2fc8757a85b9c0c)[69](https://app.finbar.com/go?id=T-c4a52ab0138c43118519007641a1ee1f)[7](https://app.finbar.com/go?id=P-6c386adf9ea64a05bde72f3a032f7d0c)[8](https://app.finbar.com/go?id=P-cf2d51a232c649ea8199832025633b0b)[9](https://app.finbar.com/go?id=P-67f682c8bd1c4dce8403170f5f3e2c4c)[10](https://app.finbar.com/go?id=P-7df3a7439f664962a819bb5c94ebac8d)

## Company history

SGS was founded in Rouen, France, in 1878 by Henri Goldstuck, initially inspecting French grain shipments at the port; by 1879, the business had expanded to France’s major ports, including Le Havre, Dunkirk and Marseille.[70](https://www.sgs.com/en/our-company/about-sgs/our-history) In 1915, the company moved its headquarters from Paris to Geneva.[70](https://www.sgs.com/en/our-company/about-sgs/our-history) In 1919, it adopted the name Société Générale de Surveillance, establishing the SGS name.[70](https://www.sgs.com/en/our-company/about-sgs/our-history)

Over the following decades, SGS developed from its origins in commodity inspection into a broader testing, inspection and certification company.[70](https://www.sgs.com/en/our-company/about-sgs/our-history)[71](https://app.finbar.com/go?id=P-9eeae09688d1413b9b7d894846bc6f57) A major corporate milestone came in 1981, when SGS was listed on the stock exchange.[70](https://www.sgs.com/en/our-company/about-sgs/our-history) SGS describes itself today as operating in the testing, inspection and certification industry and notes a history spanning roughly 145 years.[71](https://app.finbar.com/go?id=P-9eeae09688d1413b9b7d894846bc6f57)[72](https://app.finbar.com/go?id=P-71bb860824bc49488630938be571c086)
[71](https://app.finbar.com/go?id=P-9eeae09688d1413b9b7d894846bc6f57)[72](https://app.finbar.com/go?id=P-71bb860824bc49488630938be571c086)[70](https://www.sgs.com/en/our-company/about-sgs/our-history)

## Sources

1. [SGS — Full financial report (2024 Y), p3](https://app.finbar.com/go?id=P-df5c1abbd1664ad788545df4ee87c25f)
2. [SGS — Full financial report (2024 Y), p92](https://app.finbar.com/go?id=P-4ca836387eef41138cab84e350710d79)
3. [SGS — Full financial report (2024 Y), p3](https://app.finbar.com/go?id=P-24559d0d63b7474ca94ef175b1ae9997)
4. [SGS — Full financial report (2024 Y), p3](https://app.finbar.com/go?id=P-7847c30db62f4bbb987aaca456fb81ed)
5. [SGS — Full financial report (2024 Y), p3](https://app.finbar.com/go?id=P-e0fa16a0863c462b9dfb0036cacfebb4)
6. [SGS — Full financial report (2024 Y), p3](https://app.finbar.com/go?id=P-00ba04fb605a4926a6b94ec361c08401)
7. [SGS — Full financial report (2024 Y), p99](https://app.finbar.com/go?id=P-6c386adf9ea64a05bde72f3a032f7d0c)
8. [SGS — Full financial report (2024 Y), p99](https://app.finbar.com/go?id=P-cf2d51a232c649ea8199832025633b0b)
9. [SGS — Full financial report (2024 Y), p99](https://app.finbar.com/go?id=P-67f682c8bd1c4dce8403170f5f3e2c4c)
10. [SGS — Full financial report (2024 Y), p99](https://app.finbar.com/go?id=P-7df3a7439f664962a819bb5c94ebac8d)
11. [SGS — Full financial report (2024 Y), p34](https://app.finbar.com/go?id=P-0e41456a0abb460c9a62ba6cb835ce70)
12. [SGS — Full financial report (2024 Y), p1](https://app.finbar.com/go?id=P-3f03830d72f6477588ab1f3c7b20467e)
13. [www.sgs.com](https://www.sgs.com/en-ch/our-company/about-sgs/our-history)
14. [SGS — Full financial report (2024 Y), p23](https://app.finbar.com/go?id=P-02f08df18491446ea6b623ab6c6f8d4e)
15. [SGS — Full financial report (2024 Y), p2](https://app.finbar.com/go?id=P-512befe3af5246a997039b743aa0bde4)
16. [SGS — Full financial report (2024 Y), p12](https://app.finbar.com/go?id=P-a67a711657be4cff8109f0d685de8911)
17. [SGS — Full financial report (2024 Y), p9](https://app.finbar.com/go?id=P-0f06fcaf9a9d4296a60f0b1860283c19)
18. [SGS — Full financial report (2024 Y), p9](https://app.finbar.com/go?id=P-4dce86f2c0f9438c8170041ff67a431e)
19. [SGS — Full financial report (2024 Y), p9](https://app.finbar.com/go?id=P-9ff61b9f218b4008808ca98856506cdf)
20. [SGS — Full financial report (2024 Y), p9](https://app.finbar.com/go?id=P-9032bed36fc5427e9a2e482ee493d4af)
21. [SGS — Full financial report (2024 Y), p9](https://app.finbar.com/go?id=P-be05f2b7f7974e55a7fe33c77d6e7d86)
22. [SGS — Presentation (2024 Y), p9](https://app.finbar.com/go?id=P-3e692909335042089bcb3be46475f853)
23. [SGS — Presentation (2024 Y), p9](https://app.finbar.com/go?id=P-7a534fe3094f4809837b2cb264873029)
24. [SGS — Presentation (2024 Y), p10](https://app.finbar.com/go?id=P-8246ba0925184dfbbd324ee05c6f81a7)
25. [SGS — Presentation (2024 Y), p10](https://app.finbar.com/go?id=P-916332bc70d441a2aff0cc947e9b0392)
26. [SGS — Presentation (2024 Y), p11](https://app.finbar.com/go?id=P-c1b8262e483f472fb420258bd565fe69)
27. [SGS — Presentation (2024 Y), p11](https://app.finbar.com/go?id=P-0f21a26ae9b04ed8a9377bae1dacc98c)
28. [SGS — Presentation (2024 Y), p12](https://app.finbar.com/go?id=P-c485dee3b1fb4288af2f79de09614c20)
29. [SGS — Presentation (2024 Y), p12](https://app.finbar.com/go?id=P-03b6ca41809643d0b7089ec588647775)
30. [SGS — Presentation (2024 Y), p13](https://app.finbar.com/go?id=P-2c3e704279564bbba253a403c050abb5)
31. [SGS — Presentation (2024 Y), p13](https://app.finbar.com/go?id=P-3adc4d3785cd4b1790650e901a0a2269)
32. [SGS — Full financial report (2024 Y), p15](https://app.finbar.com/go?id=P-8c8516e02f27401d8392b240ee2aa418)
33. [SGS — Full financial report (2024 Y), p15](https://app.finbar.com/go?id=P-f7c49fae5c294c79b6deb9afe3935c22)
34. [SGS — Full financial report (2024 Y), p16](https://app.finbar.com/go?id=P-ef8a6cedd35f43ee8b3f9869199f6344)
35. [SGS — Full financial report (2024 Y), p11](https://app.finbar.com/go?id=P-7346185ab0494c55861798d08c496322)
36. [SGS — Full financial report (2024 Y), p11](https://app.finbar.com/go?id=P-fb66e4e26aa444a78a7d5865d3c21930)
37. [SGS — Full financial report (2024 Y), p11](https://app.finbar.com/go?id=P-595af33d0e8446869c18a432f751679a)
38. [SGS — Full financial report (2024 Y), p11](https://app.finbar.com/go?id=P-ac1f920860744ddc82acba06b7237533)
39. [SGS — Full financial report (2024 Y), p17](https://app.finbar.com/go?id=P-68dde985aa614f47a701ef10ce99e107)
40. [SGS — Full financial report (2024 Y), p17](https://app.finbar.com/go?id=P-ad4f7e5a46d6492e87f5a9c7507a7418)
41. [SGS — Full financial report (2024 Y), p17](https://app.finbar.com/go?id=P-c33ce8306f944b058c644928ea71b0b4)
42. [SGS — Full financial report (2024 Y), p17](https://app.finbar.com/go?id=P-425cdbf82db140e8aa790d9dfea8fafe)
43. [SGS — Press release (2025 H 1), p8](https://app.finbar.com/go?id=P-34f83f9b31284733b52ce58720a1271e)
44. [SGS — Full financial report (2024 Y), p11](https://app.finbar.com/go?id=P-fda6da4343a44470b829104f63cdb10e)
45. [SGS — Full financial report (2025 Y), p7](https://app.finbar.com/go?id=P-d60d8612d17b41f091663d28fc140c59)
46. [SGS — Full financial report (2024 Y), p24](https://app.finbar.com/go?id=P-5c6109ffb3a74ec7b1e9ffdb4fe1676b)
47. [SGS — Full financial report (2024 Y), p18](https://app.finbar.com/go?id=P-049024162492413e9a832a8e6a0644cc)
48. [SGS — Full financial report (2024 Y), p18](https://app.finbar.com/go?id=P-c8b92c7547704caca04014508c0123aa)
49. [sgs-institut-fresenius.de](https://sgs-institut-fresenius.de/en/newsdetails/news/mosh-moah-analysis-according-to-iso-201222024-04-available)
50. [SGS — Full financial report (2024 Y), p19](https://app.finbar.com/go?id=P-0ca900fb031642f482668586d915a8a1)
51. [SGS — Full financial report (2024 Y), p19](https://app.finbar.com/go?id=P-5415916cb7c5498ba1429c4643877983)
52. [SGS — Full financial report (2024 Y), p204](https://app.finbar.com/go?id=P-d4bedda57d3748639fa4f81eebaa21ce)
53. [SGS — Full financial report (2024 Y), p12](https://app.finbar.com/go?id=P-0423e95f8c2a41fb94c2f09cf125d875)
54. [SGS — Full financial report (2024 Y), p128](https://app.finbar.com/go?id=P-0acc14aafea2470a85876ada4171b69b)
55. [SGS — Full financial report (2024 Y), p99](https://app.finbar.com/go?id=P-c86e89b2c2214560939770aca7999c86)
56. [SGS — Full financial report (2024 Y), p99](https://app.finbar.com/go?id=T-de317972dbaa4e6b9c6de54cbc3e2a0f)
57. [SGS — Full financial report (2024 Y), p93](https://app.finbar.com/go?id=P-89e10d3c6e3f458780b59deded24de74)
58. [SGS — Full financial report (2024 Y), p9](https://app.finbar.com/go?id=P-19679530ad0d422eb7ea3f0ca0ac03b0)
59. [SGS — Full financial report (2024 Y), p9](https://app.finbar.com/go?id=P-7dfafb54639d4977a5f2e84e71a804a4)
60. [SGS — Full financial report (2024 Y), p9](https://app.finbar.com/go?id=P-69cdf7cc075c4d059f71164dd8fedd5d)
61. [SGS — Full financial report (2024 Y), p9](https://app.finbar.com/go?id=P-6e37b624e74443a89eb3dfc69ae9485b)
62. [SGS — Full financial report (2024 Y), p9](https://app.finbar.com/go?id=P-410fa1db8e2f48e39f74bc0d74c11c33)
63. [SGS — Full financial report (2024 Y), p178](https://app.finbar.com/go?id=T-f77a3d536f0d46228ae16a48fc641730)
64. [SGS — Full financial report (2024 Y), p178](https://app.finbar.com/go?id=T-8f3186fbda484a8f90137677f1e71d6f)
65. [SGS — Full financial report (2024 Y), p98](https://app.finbar.com/go?id=P-9ab0651303d64eaf9b333eab7e1cee10)
66. [SGS — Full financial report (2024 Y), p99](https://app.finbar.com/go?id=P-61307815c889437b889a793913140a4d)
67. [SGS — Full financial report (2024 Y), p99](https://app.finbar.com/go?id=P-f562a01f3e9749769bd717f8be990cc7)
68. [SGS — Full financial report (2024 Y), p98](https://app.finbar.com/go?id=T-feef19323eca4ffdb2fc8757a85b9c0c)
69. [SGS — Full financial report (2024 Y), p99](https://app.finbar.com/go?id=T-c4a52ab0138c43118519007641a1ee1f)
70. [www.sgs.com](https://www.sgs.com/en/our-company/about-sgs/our-history)
71. [SGS — Full financial report (2024 Y), p3](https://app.finbar.com/go?id=P-9eeae09688d1413b9b7d894846bc6f57)
72. [SGS — Full financial report (2024 Y), p13](https://app.finbar.com/go?id=P-71bb860824bc49488630938be571c086)

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