16th Jul 2007 07:00
SDL PLC16 July 2007 SDL plc Trading Statement Half year profits expected to be ahead of market expectations Maidenhead, U.K. - 16th July 2007 SDL plc, the leading provider of Global Information Management (GIM) solutions,today announced that profits for the half year ending 30 June 2007 are expectedto be ahead of market expectations. The company is expecting to be able to report profits before taxation andamortisation of intangible assets of not less than £8.5 million, up 67% from2006 (£5.1 million). Revenues are expected to be in the region of £54 million,up 20% from 2006 (£45 million). Commenting on the factors that are driving this out performance, Mark Lancaster,Chairman and Chief Executive Officer of SDL said today: "It is clear to us that global corporations are increasingly recognising theimportance of language as a key business differentiator. Our global informationmanagement solutions are gaining adoption as clearly witnessed by the strongperformance of the SDL group, despite the weak dollar in the first half. Ourservice volumes are up and we have seen great efficiency gains from the use ofour technology. The performance of our recent acquisition of Tridion in the lastmonth of the quarter also over-achieved on our expectations, As a result I amdelighted with our half-year performance. In the latter half of 2007 weanticipate SDL will deliver a solid performance." SDL expects to announce half year results for 2007 on 3rd September 2007. Contacts: SDL plc Tel: 01628 410 127Mark Lancaster, Chairman and Chief Executive Officer Financial Dynamics Tel: 020 7831 3113Juliet Clarke/Edward Bridges This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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