SDL plc, a leader in the emerging market for global information management (GIM) solutions, today announced that profits for the year ended 31 December 2005 are expected to be significantly ahead of market expectations.
The company is expecting to be able to report profits before taxation and amortisation of intangible assets of not less than £7 million (2004: £5.2 million as restated under IFRS), compared to a consensus market expectation of £5.6 million. Revenues are also expected to exceed consensus expectations of £76.7 million.
Commenting on the factors that are driving this outperfomance, Mark Lancaster, Chairman and Chief Executive Officer of SDL said today:
"We are seeing a very positive take-up of our GIM solutions that optimize the management of companies’ global information. The integration of TRADOS, Inc. is proceeding ahead of schedule following the completion of the $60m acquisition in July. We are winning new business because we are able to rapidly deploy innovative GIM solutions for our customers, whether they are looking for managed services, business process automation or business process outsourcing. Recent successes include outstanding results for the SDL KbT System™ at The Chrysler Group and a number of new enterprise solution wins in new sector verticals.”
SDL expects to announce full year results for 2005 on 22nd February 2006
Contacts:
SDL plc Tel: 01628 410 127
Mark Lancaster, Chairman and Chief Executive Officer
Financial Dynamics Tel: 020 7831 3113
Juliet Clarke/Edward Bridges