14 Oct 2010 07:00
14th October 2010
SDL plc
Interim Management Statement
Maidenhead, UK - SDL plc (LSE:SDL), the leading provider of Global Information Management solutions, today publishes its Interim Management Statement for the period from 1st July 2010 to 30th September 2010, as required by the Listing Authority disclosure rules.
Performance is in line with consensus expectations for the full year, with both revenue and operating profit ahead of the same period in 2009 and continued strong cash flow.
On a segmental basis
·; Technology segments in the business have continued to demonstrate resilience and stability with Content Management Technologies making good progress in Structured Content Management Technologies, stimulated through product innovation and cross-selling. We are also very pleased to see continued momentum in the adoption of our desktop technology, SDL Trados® Studio, in the SDL Language Technologies business unit, providing steady growth.
·; Demand in Translation Services has continued to sustain the momentum demonstrated in the first half, led primarily by demand in North America and Asia as well as an increase in activity levels in some key verticals. This has been supported by recent client wins.
The recent acquisitions of Language Weaver and Xopus are integrating well into the SDL portfolio and making sound progress to date. We are also delighted to have appointed Mark Tapling, former CEO of Language Weaver, to the position of CEO of SDL Language Technologies. We feel the skills and experience he will bring to this business unit will deliver concrete returns, as well as ensuring a faster integration of Language Weaver into the SDL Group. We are confident that these recent acquisitions will prove to be excellent additions to the Group, further extending the reach, depth and quality of SDL solutions.
We remain confident of our strategic positioning, prospects and progress, and in the absence of a further period of significant economic decline, we expect that progress will continue. Recent client wins and cross-selling momentum are sound indicators that our strategy of providing best-in-class, integrated end-to-end solutions is gaining further momentum and driving new innovation adoption amongst our clients.
Contact Information
| SDL plc | Tel: 01628 410 127 |
| Mark Lancaster, Chief Executive |
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| John Hunter, Chief Financial Officer |
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| Financial Dynamics | Tel: 020 7831 3113 |
| Juliet Clarke/Haya Herbert-Burns/Ed Bridges |
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About SDL
SDL is the leader in Global Information Management solutions. SDL's solutions increase business agility to enterprises by accelerating the delivery of high-quality multilingual content to global markets. The company's integrated Web Content Management, eCommerce, Structured Content and Language Technologies, combined with its Language Services drive down the cost of content creation, management, translation and publishing. SDL solutions increase conversion ratios and customer satisfaction through targeted information that reaches multiple audiences around the world through different channels.
Global industry leaders who rely on SDL include ABN-Amro, Bosch, Canon, CNH, FICO, Hewlett-Packard, KLM, Microsoft, NetApp, Philips, SAP, Sony and Virgin Atlantic. SDL has over 1500 enterprise customers, has deployed over 170,000 software licenses and provides access to on-demand portals for 10 million customers per month. It has a global infrastructure of more than 60 offices in 35 countries. For more information, visit www.sdl.com.
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