SDL plc, the leading provider of Global Information Management (GIM) solutions, today announced that revenues and profits for the year ended 31 December 2007 are expected to be ahead of analyst expectations. Revenue will be in the range of £116m to £117m (2006: £94.7m) compared with analyst consensus expectations of £114.7m. Profits before taxation and amortisation of intangible assets (“PBTA”) for the period are expected to be in the range of £16.5m to £17.0m (2006: £12.2m), compared with analyst consensus expectations of £16.1m.
Mark Lancaster, Chairman and Chief Executive Officer of SDL commented:
“The strong performance in the year was achieved as a result of the company making excellent progress across both the technology and services business units in the SDL Group, supported by the continuing demand for our Global Information Management solutions. We are particularly encouraged by the strong contribution from the SDL Tridion business unit, acquired in May 2007, which provides technology for managing global web content. These solid results, achieved despite a dollar that has weakened by more than 9% on average for the year compared to 2006, were particularly pleasing and a credit to the staff in the SDL Group.”
SDL expects to announce preliminary results for the year ended 31 December 2007 on 26th February 2008, when further details will be given.
Contacts:
SDL plc Tel: 01628 410 127
Mark Lancaster, Chief Executive
Alastair Gordon, Chief Financial Officer
Financial Dynamics Tel: 020 7831 3113
Edward Bridges/Juliet Clarke/Haya Chelhot