Slide 1: Q1 2025 sales update
Q1 2025 sales update CEO CFO Water Contamination Analysis, Netherlands 24 April 2025, Geneva
Slide 2: CEO
CEO 2 Q1 2025 Sales update | 24 April 2025 Laboratory Infrastructure Inspection, UK
Slide 3: Q1 2025 highlights: Record Q1 2025 sales
Q1 2025 highlights Record Q1 2025 sales Q1 2025 highlights Record Q1 sales of CHF 1 681 million, up 6.6% Strong organic sales growth of 5.6% Accelerating growth in Sustainability and Digital Trust Eight bolt-on acquisitions year-to-date and strong pipeline Successful scrip dividend, with 63.3% take-
Slide 4: Leading the way in Sustainability services
Q1 2025 highlights Leading the way in Sustainability services Signed contract with multinational airline group to provide GHG emissions verification, including Scope 3 Demonstrated bluesign® leadership in PFAS-free textiles by swiftly implementing new global regulations Secured major contract with E
Slide 5: Pioneering innovation in Digital Trust
Q1 2025 highlights Pioneering innovation in Digital Trust Significant and sustained growth momentum Delivered the Achieved top Conducted the first Supported Ingenico Accelerated world’s first accreditation level in post-quantum to earn the first adoption of SGS ISO/IEC 42001 high assurance EU crypto
Slide 6: Eight bolt-on acquisitions year-to-date and strong pipeline
M&A activity Eight bolt-on acquisitions year-to-date and strong pipeline Representing total annual sales of CHF 60 million 6 Q1 2025 Sales update | 24 April 2025
Slide 7: Solid organic sales growth supported by all business lines
Q1 2025 sales by business line Solid organic sales growth supported by all business lines Sales by business line1 CHF million Testing & Inspection Certification SGS Group 5.8% 3.5% 5.6% 5.1% 3.8% 546 1 681 6.9% 406 10.4% 332 218 179 Industries & Natural Connectivity & Health & Business Q1 2025 sales
Slide 8: Solid sales growth led by Environment and Safety
Testing & Inspection: Industries & Environment Solid sales growth led by Environment and Safety CHF million Q1 2024 Q1 2025 Sales 515 546 I&E Total change 6.0% of which organic 5.1% of which scope 1.7% 32% of which FX -0.8% of Group sales Environment continued to benefit from double-digit organic gr
Slide 9: Resilient organic sales growth
Testing & Inspection: Natural Resources Resilient organic sales growth CHF million Q1 2024 Q1 2025 Sales 395 406 NR Total change 2.8% of which organic 3.8% of which scope -0.3% 24% of which FX -0.7% of Group sales Mid-single-digit organic growth in Minerals, with strong trade services partially offs
Slide 10: Strong growth driven by Sustainability and Digital Trust
Testing & Inspection: Connectivity & Products Strong growth driven by Sustainability and Digital Trust CHF million Q1 2024 Q1 2025 Sales 305 332 C&P Total change 8.9% of which organic 6.9% of which scope 1.6% 20% of which FX 0.4% of Group sales Acceleration in Connectivity, driven by strong organic
Slide 11: Double-digit organic growth driven by all segments
Testing & Inspection: Health & Nutrition Double-digit organic growth driven by all segments CHF million Q1 2024 Q1 2025 Sales 192 218 H&N Total change 13.5% of which organic 10.4% of which scope 2.6% 13% of which FX 0.5% of Group sales Double-digit organic growth in Food, supported by emerging conta
Slide 12: Organic growth led by ESG
Testing & Inspection: Business Assurance Organic growth led by ESG CHF million Q1 2024 Q1 2025 Sales 170 179 BA Total change 5.3% of which organic 3.5% of which scope 1.8% 11% of which FX 0.0% of Group sales Mid-single-digit organic growth in Certification in a post-recertification year for Quality,
Slide 13: CFO
CFO 13 Q1 2025 Sales update | 24 April 2025 External Utilities Inspection, UK
Slide 14: Record Q1 sales of CHF 1 681 million, up 6.6%
Q1 2025 sales bridge Record Q1 sales of CHF 1 681 million, up 6.6% Sales bridge CHF million +5.6% +1.3% -0.3% +6.6% 1 681 1 577 +88 +21 -5 Q1 2024 sales Organic Scope Forex Q1 2025 sales 14 Q1 2025 Sales update | 24 April 2025
Slide 15: Growth supported by all regions
Q1 2025 sales by region Growth supported by all regions Sales by region CHF million Testing & Inspection Certification SGS Group 5.8% 3.5% 5.6% 1.9% 6.1% 1 681 491 475 3.9% 10.4% 15.7% 200 188 148 179 Asia North Eastern Europe, Latin Europe America Business Assurance Q1 2025 sales Pacific America Mi
Slide 16: Successful scrip dividend take-up of 63.3%
Q1 2025 Scrip dividend Successful scrip dividend take-up of 63.3% Successful scrip dividend take-up of 63.3%, allowing SGS to reward loyalty of its shareholders Close to CHF 400 million of cash will be redirected to accelerate Strategy 27 execution Biopharmaceutical Stability Testing, Belgium 16 Q1
Slide 17: CEO
CEO 17 Q1 2025 Sales update | 24 April 2025 Phosphorus Testing, Sweden
Slide 18: Outlook confirmed despite tariffs and forex
Outlook 2025 Outlook confirmed despite tariffs and forex 5% to 7% organic sales growth 1% to 2% bolt-on contribution to annual sales growth At least +30 bps improvement in AOI margin, in reported terms Strong free cash flow generation Port Inspection, Netherlands 18 Q1 2025 Sales update | 24 April 2
Slide 19: Q1 2025 Sales update | 24 April 2025
19 Q1 2025 Sales update | 24 April 2025
Slide 20: Financial calendar
Upcoming events Financial calendar H1 2025 results Q3 2025 sales update FY 2025 results Virtual Virtual Zürich 25 July 2025 23 October 2025 11 February 2026 Annual General Meeting Q1 2026 sales update Zürich Virtual 26 March 2026 23 April 2026 20 Q1 2025 Sales update | 24 April 2025
Slide 21: Disclaimer
SGS Disclaimer Certain matters discussed in this presentation may constitute forward-looking statements that are neither historical facts nor guarantees of future performance. Because these statements involve risks and uncertainties that are beyond control or estimation of SGS, there are important f
Slide 22: sgs.com
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