SGS : Ongoing improvement in the margin in 2019
>Robust growth in 2019, but slightly lower than in 2018 - The full-year results confirmed the solidity of the growth drivers that we expect to continue in 2019 overall. The challenging comparison base, along with the unfavourable start to the year in AFL, transportation and CBE, should put a drag on H1. But the group is likely to continue exhibiting robust organic growth that we estimate at 4.8% for the full year (consensus at 5%), slightly shy of the 5.3% posted in 2...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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