SGS SA reported consolidated earnings results for the year ended December 31, 2016. For the year, the company reported revenue of CHF 5,985 million against CHF 5,712 million a year ago. Operating income was CHF 816 million against CHF 822 million a year ago. Profit before taxes was CHF 771 million against CHF 779 million a year ago. Profit attributable to equity holders of the company was CHF 543 million or CHF 71.47 per diluted share against CHF 549 million or CHF 71.95 per diluted share a year ago. Cash flow from operating activities was CHF 1,014 million against CHF 959 million a year ago. Net purchase of fixed assets was CHF 276 million against CHF 286 million a year ago. Adjusted EBITDA was CHF 1,198 million against CHF 1,191 million a year ago. Adjusted operating income was CHF 919 million against CHF 917 million a year ago. Adjusted profit attributable to equity holders of the company was CHF 629 million or CHF 83.00 per basic share against CHF 625 million or CHF 81.95 per basic share a year ago. Net debt as at December 31, 2016 was CHF 736 million against CHF 482 million as at December 31, 2015. ROIC was at 19.3%.

For the year 2017, the Group expects to deliver solid organic revenue growth and higher adjusted operating income on a constant currency basis, and generate robust cash flow.