SDL plc (“SDL” or “the Group”), parent of SDL Tridion and a leader in the emerging market for Global Information Management (GIM) solutions, is pleased to announce its unaudited preliminary results for the year ended 31 December 2007. 

Highlights:

• Results ahead of market expectations
• Gross Margin up 4% points to 54%
• Strengthening of SDL’s leadership position in the GIM and Web Content Management market with the successful acquisition and integration of Tridion and Passolo
• Strong progress across all of the Group’s divisions:
  • SDL Tridion achieves triple digit revenue growth in the US
  • SDL Trados achieves 26% increase in new licence growth
• Significant new business wins:
  • TomTom, Gulf Bank, GLA (SDL Tridion)
  • Cisco, Deloitte, FIFA (SDL Trados)
  • Citrix, VMWare, Fujitsu – Siemens (SDL Enterprise Products)

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CHAIRMAN’S STATEMENT

SummaryPerformance
"I am pleased to report that SDL recorded another impressive year in 2007, with both revenue and operating profits ahead of market expectations, despite the negative effect of the weak US dollar during the year. The prime drivers for the increase over the upgraded expectations for 2007 were the strong contributions from both Global Information Management (GIM) technology and SDL Tridion, which was acquired in May 2007.  Revenues for 2007 were up 24% at £117.4 million (2006: £94.7 million) with approximately 8% of this revenue growth being organic and 16% contributed by the seven months of trading in SDL Tridion. Profit before tax and amortisation of intangible assets has increased by 39% to £17.0 million (2006: £12.2 million) while profit before taxation has increased by 36% to £12.7 million (2006: £9.4 million).  Strong cash flow from operations of £16.0 million (2006: £9.9 million) has contributed to transforming net debt of £3.7 million as at 31 December 2006 to net cash of £15.5 million at 31 December 2007."

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