Laboratory Technician

SGS launches AI platform for supply chain risk management. SGS has launched SGS Compass, a data-driven platform designed to help organisations manage global supply chain risks, improve compliance and strengthen operational resilience. The new platform combines artificial intelligence, data analytics and supply chain intelligence to provide businesses with deeper visibility into potential disruptions and compliance challenges across their supplier networks. Global supply chains are facing increasing pressure from geopolitical conflicts, regulatory changes, climate-related disruptions, trade restrictions and operational uncertainties. SGS Compass aims to help companies identify risks earlier and take preventive action before disruptions affect business continuity. The platform provides organisations with tools to assess supplier risks, monitor compliance requirements and analyse supply chain vulnerabilities. By combining multiple data sources, it enables businesses to gain a more comprehensive understanding of their suppliers and critical dependencies. SGS said the platform supports risk-based decision-making by helping companies move from reactive responses to proactive supply chain management. Organisations can use insights from the platform to improve supplier selection, strengthen compliance processes and enhance resilience strategies. Supply chain risk management has become a priority across industries as companies face growing expectations from regulators, customers and investors regarding transparency and responsible sourcing. The use of artificial intelligence and advanced analytics is enabling companies to process large volumes of supply chain information, identify emerging threats and improve response planning. SGS Compass is expected to support businesses in areas including supplier due diligence, regulatory compliance, sustainability requirements and operational risk management. The launch reflects the growing importance of technology-enabled risk solutions as global businesses seek greater control and visibility over increasingly complex supply networks. Explore practical certification courses designed for banking, risk, insurance, compliance, ESG, AI, and emerging technologies professionals. Learn from industry experts and earn certifications from RMAI and BFSI Sector Skill Council of India. #Riskmanagementnews

SGS half-year results SGS grows despite strong franc and exceeds expectations. The testing and certification group increases revenue organically by 5.6 percent and sticks to its annual targets. CEO Géraldine Picaud relies on acquisitions and aims to drive the margin above 16 percent. Published: 24.07.2026, 07:09 The testing and certification group SGS continued to grow in the first half of 2026 and increased profitability. The group is sticking to the targets set for the full year. The same applies to the targets of the strategic program running until 2027. SGS's revenue rose by 7.6 percent to 3.68 billion francs, the group announced on Friday. Currency effects again slowed growth, while further acquisitions compensated for this. Organically, i.e., adjusted for currency and acquisition effects, revenue increased by 5.6 percent. SGS achieves operating profit of 555 million francs. An increase was also achieved in earnings: Adjusted operating profit advanced by 9.0 percent to 555 million francs. And the corresponding margin rose by 0.2 percentage points to 15.1 percent. Net profit attributable to shareholders was 309 million francs, 1.6 percent lower than the previous year. With the first-half figures, SGS slightly exceeded analyst expectations, primarily in terms of revenue. They had expected an average (AWP consensus) revenue of 3.63 billion francs and organic growth of 5.3 percent. The operating margin came in as expected. SGS reaffirms targets. SGS achieved further growth in the first half of the year despite the conflict in the Middle East, and even slightly accelerated this growth in the second quarter, CEO Géraldine Picaud is quoted as saying. In the second quarter, organic growth was 5.9 percent, compared to 5.3 percent in the first quarter. The group considers itself on track to achieve the targets set for 2026. SGS is aiming for organic growth in the range of 5 to 7 percent and at the same time wants to bring the adjusted operating margin above the 16 percent mark. SGS sticks to "Strategy 27". SGS is also sticking to the targets set under "Strategy 27". Accordingly, revenue is to be increased organically by 5 to 7 percent annually by 2027. And the operating margin is to improve to 16.2 percent. According to Picaud, the growth was also supported by the 14 supplementary acquisitions made in 2026 to date. The last major acquisition was that of the US testing and inspection services company ATS last year. At ATS, initial synergies for the group have now been realized, it said. The group plans to present new medium-term targets in November at an investor day. Economy today Receive the most important news from the economy as well as the best background information and analyses. Further newsletters

SGS has acquired a majority stake in Hungarian cybersecurity firm Alverad through its local subsidiary, SGS Hungária. Alverad will operate independently, retaining its brand, team, and client relationships whilst becoming SGS's first integrated IT and operational technology cybersecurity competence centre in Europe and third globally. The acquisition strengthens SGS's Digital Trust strategy, expanding its cybersecurity capabilities in critical infrastructure protection. Alverad, operating for nearly 20 years in Hungary's cybersecurity market, has conducted OT cybersecurity work in approximately 90% of domestic power plants. The company will support SGS's international projects whilst maintaining its existing operations. Financial details of the transaction were not disclosed. The deal reflects growing demand for integrated IT and OT security services, particularly as NIS2 regulations are implemented across Europe.