adminGeraldine J. M. Picaud
CEO & Director
Good morning, ladies and gentlemen. Welcome to our Q3 sales update. Today, I will take you through the highlights of the quarter, and then I will hand over to Marta for more detailed information about the sales.
Our Q3 sales reached CHF 1.7 billion, an increase of 6% compared to Q3 2024 on an organic basis. Again, this quarter, the strong achievement that you see is largely based on the first 2 value drivers we have identified in our Strategy 27, Sustainability and Digital Trust. Bolt-on acquisitions have also made a significant contribution to growth. Bolt-on acquisitions, actually, there, we have maintained a very strong momentum, completing 5 more deals in Q3 since we last time met in July for half year results.
In July, we announced the acquisition of ATS, Applied Technical Services, with closing expected around the end of the year. The process is going according to plan. With ATS, we will significantly increase our presence in North America, adding complementary expertise and cross-selling opportunities. Finally, as we approach the end of this tumultuous year, which has been marked by strong ForEx fluctuations, I am very happy to confirm our initial outlook for the full year.
One of the things I’m most proud of is how far advanced we are in terms of
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