SDL plc - Trading Update
Maidenhead, U.K. (19 January 2009) - SDL plc, the leading provider of Global Information Management (GIM) solutions, today announced that revenues and profits for the year ended 31 December 2008 are expected to be ahead of analyst expectations. Revenue is expected to be in the range of £157m to £158m (2007: £117.4m) compared with analyst consensus expectations of £151.8m. Profits before taxation and amortization of intangible assets (“PBTA”) for the period are expected to be in the range of £25m to £25.5m (2007:£17.0m), compared with analyst consensus expectations of £23.9m.
Mark Lancaster, Chairman and Chief Executive Officer of SDL commented:
“The strong performance in the year was achieved as a result of the company continuing to deliver on its vision to help global companies such as Dell, HP, Canon and Philips deliver content and product in multiple languages faster and more efficiently.”
SDL expects to announce preliminary results for the year ended 31 December 2008 on 24th February 2009, when further details will be given.
SDL (London Stock Exchange: ‘SDL’) is the leader in Global Information Management (GIM) solutions that empower organizations to accelerate the delivery of high-quality multilingual content to global markets. Its enterprise software and services integrate with existing business systems to manage the delivery of global information from authoring to publication and throughout the distributed translation supply chain.
Global industry leaders rely on SDL to provide enterprise software or hosted services for their GIM processes, including ABN-Amro, Best Western, Bosch, Canon, Chrysler, CNH, Hewlett-Packard, Microsoft, Philips, SAP, Sony, SUN Microsystems and Virgin Atlantic.
SDL has implemented more than 480 enterprise GIM solutions, has deployed over 150,000 software licenses across the GIM ecosystem and provides access to on-demand translation portals for 10 million customers per month. Over 1,000 service professionals deliver consulting, implementation and language services through its global infrastructure of more than 50 offices in 30 countries. For more information, visit www.sdl.com.
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Mark Lancaster (SDL)
Tel: 01628 410 127
Juliet Clarke (Financial Dynamics)
020 7831 3113