SDL PLC Trading Update and Notice of Results (3832A)
21 Gennaio 2020 - 8:00AM
UK Regulatory
TIDMSDL
RNS Number : 3832A
SDL PLC
21 January 2020
21 January 2020
SDL plc
("SDL" or "the Group")
Trading Update and Notice of Results
SDL plc (LSE: SDL), a global leader in content management and
language translation software and services, is providing an update
on its financial performance for the year ended 31 December 2019
based on unaudited results.
SDL is pleased to announce that it expects 2019 revenue and
adjusted operating profit to be significantly ahead of 2018 and in
line with market expectations. Net cash at 31 December 2019 was
GBP26.4m (31 December 2018: GBP14.4m).
Adolfo Hernandez, CEO of SDL, commented:
"In 2019, we saw many tangible benefits from our transformation
and investment activities, including operational benefits from our
business automation programme and from the successful acquisition
of Donnelley Language Solutions in 2018. We launched our next
generation SDL Language Cloud software platform, while further
upgrades to our Neural Machine Translation (NMT) products resulted
in accelerated NMT revenue growth. We made further strong progress
with our largest clients, across a range of sectors, including high
tech, financial services and life sciences. We look forward to
further progress in 2020."
SDL will release its full year results on 25 March 2020. Adolfo
Hernandez, CEO, and Xenia Walters, CFO, will be holding a
presentation for analysts at 9.00am GMT, on the day, at Investec,
30 Gresham Street, London, EC2V 7QP.
For further information, please contact:
SDL plc 01628 410100
Adolfo Hernandez, CEO
Xenia Walters, CFO
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Luther Pendragon 0207 618 9100
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Harry Chathli
Claire Norbury
Alexis Gore
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About SDL
SDL (LSE: SDL) is the global leader in content management and
language translation software and services. For over 25 years we've
helped companies communicate with confidence and deliver
transformative business results by enabling powerful experiences
that engage customers across multiple touchpoints worldwide. Are
you in the know? Find out why 90 of the top 100 global companies
work with and trust us on SDL.com. Follow us on Twitter, LinkedIn
and Facebook.
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