BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - SGS SA (SGSOY.PK) reported fiscal 2020 profit to equity holders of 480 million Swiss francs, a decrease of 27.3% over prior year. Earnings per share was 63.82 francs compared to 87.18 francs. Adjusted operating income was 900 million Swiss francs in 2020, a decline of 15.3% (a decline of 8% at constant currency). Adjusted basic earnings per share decreased to 75.44 francs from 88.17 francs.
Fiscal year total revenue was 5.6 billion Swiss francs, down by 15.1% (a decline of 8.8% at constant currency), notably driven by the disposal of the Petroleum Service Corporation in 2019. Organic revenue declined by 6.5% impacted by the pandemic.
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