1346 GMT - SGS is expected to report higher sales for the first quarter in its update due Thursday, according to consensus estimates provided by Visible Alpha. Analysts anticipate first-quarter revenue at the Swiss testing, inspection and certification specialist to come in at 1.70 billion Swiss francs, according to the Visible Alpha consensus. This compares with SGS's sales of 1.58 billion francs in the same period of 2024. For 2025, the company has guided for organic sales growth of 5% to 7% and a contribution to sales growth of between 1% and 25% from acquisitions. Shares rise 1.8%. (adria.calatayud@wsj.com)
(END) Dow Jones Newswires
April 23, 2025 09:46 ET (13:46 GMT)
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