SGS reports strong 2011 performance - sportstextiles: Lea SportsTextiles

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SGS reports strong 2011 performance

18/01/2012
Geneva-based inspection, verification, testing and certification company SGS grew its revenues by 13.7% in 2011 to reach CHF 4.8 billion ($5.1 billion).

The consumer testing services part of the business delivered revenue growth of 10.6%, which SGS said was driven by "the continued development of new services and market share gains".

Despite what it described as volatile market conditions, it said western Europe had generated the highest revenue growth, reflecting a combination of market-share gains and the ongoing portfolio expansion, with testing "softlines" (in which it includes clothes and footwear) one of the areas it singled out.


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