BRIEF-SGS Trims 2020 Adj Operating Income Margin Target [Reuters]
SGS SA ADR (SGSOY)
NASDAQ:AMEX Investor Relations:
sgs.com/en/our-company/investor-relations/investor-overview
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Source: Reuters
BRIEF-SGS Trims 2020 Adj Operating Income Margin Target | Reuters 1 Min Read Nov 7 (Reuters) - SGS SA: * MID-SINGLE DIGIT ORGANIC GROWTH TARGET IS MAINTAINED * TARGETING ACCELERATING M&A; AND REMAIN DISCIPLINED ON RETURNS * NOW EXPECTS PROGRESS TOWARDS AN 18% ADJUSTED OPERATING INCOME MARGIN TO BE DELAYED * IS TARGETING MARGINS OF ABOVE 17% IN 2020, BASED ON MID-SINGLE DIGIT ORGANIC GROWTH, WHILE MAINTAINING A STRONG LEVEL OF CASH CONVERSION * REITERATES ITS FULL-YEAR 2018 GUIDANCE OF SOLID ORGANIC GROWTH, A HIGHER ADJUSTED OPERATING INCOME MARGIN AND ROBUST CASH FLOW Source text: here Further company coverage: All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays. © 2018 Reuters. All Rights Reserved. BRIEF-SGS Trims 2020 Adj Operating Income Margin Target Nov 7 (Reuters) - SGS SA: * MID-SINGLE DIGIT ORGANIC GROWTH TARGET IS MAINTAINED * TARGETING ACCELERATING M&A; AND REMAIN DISCIPLINED ON RETURNS * NOW EXPECTS PROGRESS TOWARDS AN 1
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