The TIC sector is characterized by attractive fundamentals:
- Global need for safety, security and traceability across industries
- Expansion and ageing of infrastructure
- Outsourcing of “control activities”
- Continued development of regulations and compliance demands with a focus on ESG
- Growing complexity of products
- High barriers to entry
- Multiple M&A opportunities
In this sector, SGS offers a particularly attractive profile:
- World market leader and #1 in most of its activities
- Diversified portfolio in terms of services and regions
- Resilient across economic cycles
- Ideally positioned to take advantage of growth and consolidation opportunities
- Solid balance sheet in support of M&A and attractive shareholder remuneration