SGS : Lacklustre growth, self-help still the key
>H2 2019 is henceforth expected to reflect a sequential slowdown - During its Investor Day at the end of last week in China and Taiwan, SGS has adjusted down its organic growth guidance for 2019. H2 growth is now forecast in “low single digits†vs in line initially with 3.5% in H1. Despite a more complicated international trade programme (notably the negative impact of the US-China trade war), it is company-specific elements that are acting as a drag on SGS’ performan...SGS is engaged in the provision of inspection, verification, testing, certification and quality assurance services. Co.'s business lines include: Agricultural; Minerals; Oil, Gas & Chemicals; Life Science; Consumer Testing; Systems & Services Certification; Industrial; Environmental; Automotive; and Governments & Institutions. As of Dec 31 2014, Co.'s geographic operations were organized as follows: Europe, Africa, Middle East (Western Europe, Northern and Central Europe, Southern Central Europe, Eastern Europe & Middle East, and Africa); Americas (North America, and South America); and Asia Pacific (East Asia, China & Hong Kong, and South Eastern Asia & Pacific).
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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