Trading Statement
January 18 2010 - 2:00AM
UK Regulatory
TIDMSDL
RNS Number : 6645F
SDL PLC
18 January 2010
SDL plc
Trading Update
Maidenhead, U.K. - Monday 18 January 2010 - SDL plc, the leading provider of
Global Information Management solutions, today announced that revenues and
profits for the year ended 31 December 2009 are expected to be ahead of analyst
expectations.
Revenue is expected to be in the range of GBP171m to GBP172m (2008: GBP158.8m)
compared with analyst consensus expectations of GBP167.1m. Profits before
taxation and amortisation of intangible assets ("PBTA") for the period are
expected to be in the range of GBP29m to GBP30m (2008: GBP25.6m), compared
with analyst consensus expectations of GBP28.0m. Net cash in the business at the
end of the period was in excess of GBP45m (2008: GBP31.2m) after acquisitions.
Mark Lancaster, Chairman and Chief Executive Officer of SDL commented:
"These are a strong set of results delivered against difficult global economic
conditions. Whilst the macro economic conditions continue to carry uncertainty,
these results, combined with increasing evidence of cross leveraging of
SDL's technology and services, provide a sound platform for future growth."
SDL expects to announce preliminary results for the year ended 31 December 2009
on 1st March 2010 when further details will be given.
-ends-
Contacts:
+-------------------------------------------------+--------------------------+
| SDL plc | Tel: 01628 410 127 |
+-------------------------------------------------+--------------------------+
| Mark Lancaster, Chief Executive | |
+-------------------------------------------------+--------------------------+
| John Hunter, Chief Financial Officer | |
+-------------------------------------------------+--------------------------+
| | |
+-------------------------------------------------+--------------------------+
| Financial Dynamics | Tel: 020 7831 3113 |
+-------------------------------------------------+--------------------------+
| Edward Bridges/Juliet Clarke/Haya Herbert-Burns | |
+-------------------------------------------------+--------------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
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