SDL.L Regulatory News (SDL)

SDL plc

Trading Update

Maidenhead, U.K. - Monday 17 January 2011 - SDL plc, the leading provider of Global Information Management solutions, today announced that revenues and profits for the year ended 31 December 2010 are expected to be ahead of analyst consensus expectations.

Revenue is expected to be in the range of £202.5m to £203.5m (2009: £171.9m) compared with analyst consensus expectations of £191.1m. Profits before taxation and amortisation of intangible assets ("PBTA") for the period are expected to be in the range of £34.5m to £35.5m (2009: £29.8m), compared with analyst consensus expectations of £33.9m. Net cash in the business at the end of the period was in excess of £46m (2009: £46.2m) after a net £25.9m cash outflow due to acquisitions.

Mark Lancaster, Chairman and Chief Executive Officer of SDL commented: 

"These are excellent results delivered in a difficult global economic climate. These results have been delivered in a year when we have made significant organic investment in the business and two long term strategic acquisitions in order to position SDL for future growth. We have made good progress in executing against our strategy and have introduced several new innovations to market. The level of adoption of our integrated end to end service and technology is particularly pleasing, extending our Global Information Management solutions into key accounts such as Saab, United Airlines, Dassault Systèmes, Fidelity Investments and LG. During the year we added industry leading machine translation capability to our solution set with the acquisition of Language Weaver and further expanded content creation capabilities to non- technical authors with the acquisition of Xopus. These businesses are integrating well and performing to our expectations. We believe we are well positioned for the future."

SDL expects to announce preliminary results for the year ended 31 December 2010 on 7 March 2011 when further details will be given. 

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