SDL PLC Trading Update and Capital Markets Event (5845F)
October 30 2018 - 3:00AM
UK Regulatory
TIDMSDL
RNS Number : 5845F
SDL PLC
30 October 2018
SDL plc
Trading Update and Capital Markets Event
30 October 2018, Maidenhead, U.K. - SDL plc ("SDL" or "the
Group"), a leader in global content management and language
translation software and services, is today holding a Capital
Markets Event for investors and analysts. The Event will include an
update on SDL's Premium Solutions, technology strategy and
financial model.
Ahead of the Event, SDL is pleased to confirm that trading for
the full year to 31 December 2018 remains in line with the Board's
expectations. The acquired Donnelley Language Solutions business is
performing well as part of the Group and the integration is on
track.
At the Event, SDL will reiterate its goal of steady annual
improvements in gross margin and operating margin. In support of
this, and following a review of general administrative costs and
synergies, SDL expects to deliver gross annualised savings of at
least GBP8 million, with the full impact being realised in 2020.
Associated exceptional costs to deliver these savings are expected
to be GBP2-3 million.
These initiatives will enable SDL to invest in its growth
programmes of Premium Solutions and technology, whilst also
delivering net improvements in operating margins.
The financial slide deck will be available on SDL's website
www.sdl.com/about/investors from 3pm this afternoon.
For further information please contact:
SDL plc 01628 410100
Adolfo Hernandez, CEO
Xenia Walters, CFO
FTI Consulting LLP 0203 727 1000
Ed Bridges / Darius Alexander
About SDL
SDL (LSE:SDL) is the global leader in content creation,
translation and delivery. For over 25 years we've helped companies
communicate with confidence and deliver transformative business
results by enabling powerful experiences that engage customers
across multiple touchpoints worldwide. Are you in the know? Find
out why 85 of the top 100 global companies work with and trust us
on SDL.com. Follow us on Twitter, LinkedIn and Facebook.
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END
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