RNS Number : 9358Y
  SDL PLC
  14 July 2008
   


    SDL plc

    Trading Update

    Maidenhead, U.K. - Monday 14 July 2008 - SDL plc, the leading provider of Global Information Management (GIM) solutions, today announced
that revenues and profits for the six months ended 30 June 2008 are expected to be significantly ahead of analyst expectations, which will
have a positive impact on the expected result for the full year. 

    Revenues are expected to be in excess of �75.0m (2007: �54.5m) for the six months ended 30 June 2008, an increase in excess of 37%. 
Profit before taxation and amortisation of intangible assets ("PBTA") is expected to be in the region of �11.5m (2007: �8.7m). 
Approximately two thirds of the revenue increase over 2007 is related to organic growth, with the balance of the increase contributed by
acquisitions.

    Mark Lancaster, Chairman and Chief Executive Officer of SDL commented: 

    "The exceptionally strong performance in the first half of the year was achieved as a result of the group continuing to make excellent
progress with its long term strategy of providing international companies with enterprise wide solutions, enabling them to drive their
worldwide business through the effective use of Global Information Management.  

    "We are very pleased with the performance of both the technology and services business units within the SDL Group. The technology
business revenue grew by over 100% due to a mixture of solid organic growth from both Enterprise and Desktop Technology divisions and a full
six month's contribution from the Tridion acquisition that was made in May 2007. Idiom Technologies Inc, which was acquired in February
2008, is integrating well into the organisation and, in line with our expectations, is on target to achieve break-even at the operating
margin level by the year end. The Translation Services business units' revenue and profit is also expected to be significantly ahead, with
organic revenue growth expected to be approximately 20%, due primarily to the strong growth of business process outsourcing deals.

    "SDL is a global business and as a Board we monitor the macro-economic conditions that could spill over to SDL's business. However, we
have entered the second half of the financial year with both a good order book and pipeline which gives us confidence for the full year."

    SDL expects to announce interim results for the six months ended 30 June 2008 on 4 August 2008, when further details will be given. 

    -ends-

    Contacts: 

 SDL plc                                       Tel: 01628 410 127
 Mark Lancaster, Chairman and Chief Executive
 Alastair Gordon, Chief Financial Officer

 Financial Dynamics                            Tel: 020 7831 3113
 Edward Bridges/Juliet Clarke/Haya Chelhot


This information is provided by RNS
The company news service from the London Stock Exchange
 
  END 
 
TSTUAOVRWNRBAAR
Sdl (LSE:SDL)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more Sdl Charts.
Sdl (LSE:SDL)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more Sdl Charts.