SDL Sdl Plc

RNS Number:9681U
SDL PLC
30 November 2000


                                   SDL PLC                                    
                                                                              
                           POSITIVE TRADING UPDATE                            
                                                   
SDL plc ("SDL International" or "the Company"), a leading provider of
globalization solutions, today announces that the results in terms of
profitability for the year ended 31 December 2000 will be substantially ahead
of market forecasts. 

As outlined in the Company Interim results statement published on 4th
September 2000, the acquired businesses of ITP (completed in May 2000) have
been restructured and fully integrated ahead of schedule. Subsequently, ITP
will make a positive contribution to the profitability of SDL International in
the current financial year. This strong performance was further enhanced by a
reduction in costs, the successful and rapid integration of ITP's technology
with SDL International's existing software products, and negligible disruption
to sales, which had previously been anticipated during the restructuring
process. 

Sales of SDLWebFlow, the multilingual content management work flow system,
have continued to exceed management forecasts with 10 corporate client account
wins during the first 8 months following its launch, including Dun &
Bradstreet, Novartis, Silicon.com and Saba.

Though most of the growth during the year has been through higher
profitability from the Services Division, recently launched updates of
software products including SDLX 2.1, SDLX 3.2, and HTMLQA applications have
shown modest but encouraging sales above internal budgets.  In addition, the
adoption of the upgraded SDLWebFlow 2.0 product has been well received by
clients. With the verification and testing process of these new software
products and the SDLWebFlow systems now completed, SDL International will
launch in 2001 a high profile sales and marketing campaign in all of the
Company's key international markets.  

Commenting on current trading, Mark Lancaster, Chief Executive of SDL
International, said:

"Since our successful flotation last year, SDL International has enjoyed
unprecedented success in providing clients with a complete globalization
solution.  Our offer of cutting edge technology with a strong service back up,
further strengthened by the acquisition and turnaround of ITP in particular,
has translated into profitability exceeding our forecasts for the year. 
Additionally, the response to the SDLWebFlow product line has been
particularly pleasing, with significant contracts with established blue chip
and fast growing organisations.  This is despite the relatively long lead-in
times required for an intensive implementation process for our workflow
solution.  

"The Board is optimistic on the outlook for next year and remains confident of
current market expectations for the financial performance of the Company for
2001".

For further information please contact:

Mark Lancaster                                Tel: 01628 410127
Chairman & Chief Executive

Paul Davies                                   Tel: 020 7523 8309
Collins Stewart

Bobby Morse                                   Tel: 0207 606 1244
Merlin Financial                              bmorse@merlinfinancial.com

About SDL International:
SDL International (http://www.sdlintl.com) is a leading provider of
globalization solutions comprising products such as SDLWebFlow and SDLX
combined with localization, engineering and project management services.  SDL
has offices throughout USA, Asia and Europe, providing B2B global solutions
with state-of-the-art technology and a full-range of in-house translation
services.  Clients include multinational companies such as Adobe, Corel, eBay,
Goodyear, Hewlett Packard, Microsoft, Sony, Sun Microsystems and 3Com.  

Sdl (LSE:SDL)
Historical Stock Chart
From Jun 2024 to Jul 2024

Sdl (LSE:SDL)
Historical Stock Chart
From Jul 2023 to Jul 2024