E.g., 10/20/2019
E.g., 10/20/2019

SDL PLC Interim Results for the six months ended 30 June 2005

SDL plc


Wednesday, 14 September, 2005

Interim Results for the six months ended 30 June 2005 Record sales and operating profits achieved SDL plc (“SDL” or “the Group”), the world’s leading provider of global information management (GIM) solutions, is pleased to announce its unaudited interim results for the six months ended 30 June 2005.

(scroll to view table)

6 months to
30 June 2005

£'000

6 months to
30 June 2004

£'000

 


%
Change

Income Statement:      
Revenue 34,080 30,670 +11%
       
Earnings before interest, taxation, depreciation and amortisation of intangibles (EBITDA) 3,848 2,491 +54%
Operating profit before amortisation of intangible assets 3,364 1,973 +71%
Profit before tax 3,103 1,622 +91%
       
Earnings per ordinary share - basic (pence) 3.21 2.07 +55%
Adjusted earnings per ordinary share – basic (pence) 3.90 2.77 +41%
       
Balance Sheet:      
Total equity 40,324 35,867  
Cash and cash equivalents 12,950 7,757  



Operational highlights
• Significant revenue and operating profits growth during flat market
• Over 20 new installations of SDL Translation Management System, including Hasbro, Le Meridien, Linde, Philips DAP, Plantronics, Qualcomm, Regus, Sony and Texas Instruments
• Selection of the SDL Knowledge-based Translation System by Tweddle Litho and successful deployment for DaimlerChrysler and Best Western International
• Acquisition of Lingua Franca extends footprint in Middle East

Post period end
• Acquisition of TRADOS:
o Establishes SDL as global market leader
o Allows SDL to provide technology and infrastructure to enable effective global information management

Commenting on the interim results Mark Lancaster, Chairman and Chief Executive of SDL, said:

“We are continuing to see the benefits of our long-term investments in both the local geographic infrastructure and software solutions, which we anticipate will maintain the trend of revenue growth and increased profit contribution for the Group. We believe our technology investments and acquisitions now position SDL as the leader in delivering enterprise software solutions to the global information management market.

“The market has matured enormously in the past 18 months, we now have over 100,000 desktop translation products in the market and our enterprise software has reached more than 100 installations. The larger Language Service Providers are adopting server based Translation Management to leverage their translation solutions and the corporate market for enterprise technology is moving from early adoption to that of market maturity. There is now a very clear technology standard in the market place. Freelancers and smaller agencies are able to adopt the desktop technology with the comfort they are able to integrate with the enterprise technology of their corporate clients, creating a smooth ecosystem allowing upward compatibility and upgrade opportunity at considerably less cost than has been afforded in the past. We consider this technology ecosystem will be the catalyst for considerable market growth.”

For further information please contact:
SDL plc On 14 September 2005 tel: 020 7831 3113
Thereafter tel: 01628 410 127
Mark Lancaster, Chief Executive

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

Background information

About SDL plc:
SDL plc (London Stock Exchange: 'SDL') is the world’s leading provider of global information management (GIM) solutions that empower organizations to improve the quality and accelerate the delivery of multilingual content to global markets. Its enterprise software and services integrate with existing business systems to manage global information from authoring to publication and throughout the distributed localization supply chain.

Global industry leaders such as Audi, Bayer, Best Western, Bosch, Canon, Deutsche Bank, Kodak, Microsoft, Morgan Stanley, Reuters and SAP rely on SDL to provide enterprise software or full outsourcing for their GIM processes. SDL has implemented more than 100 enterprise GIM solutions, has over 100,000 software licenses deployed across the GIM ecosystem and its global services infrastructure spans more than 50 offices in 30 countries.

Click to see:
Chairman’s Statement
Unaudited Consolidated Income Statement
Unaudited Consolidated Balance Sheet
Unaudited Consolidated Statement of Changes in Equity
Unaudited Consolidated Cash Flow Statement
Notes to the Unaudited Interim Results
Implementation of International Financial Reporting Standards