SDL plc, the leading provider of Global Information Management (GIM) solutions, today announced that profits for the half year ending 30 June 2006 are expected to be 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 £5.0 million, up 43% from 2005 (£3.5 million). Revenues are expected to be in the region of £45 million, up 32% from 2005 (£34 million).
Commenting on the factors that are driving this over-performance, Mark Lancaster, Chairman and Chief Executive Officer of SDL, said today:
"We are pleased with this solid performance. The successful integration of TRADOS into SDL further strengthens our leadership role in delivering Global Information Management solutions. Our technology and services are clearly helping businesses accelerate time to market for multilingual content as well as helping companies protect their global brands - an issue highlighted by the recent survey from the Economist Intelligence Unit ‘Guarding the Brand’. We have been delighted with recent deployments of our SDL Knowledge-based Translation System for CA, HP and Microsoft together with new installations of our enterprise technology solutions by customers such as AGCO, Dell and FedEx. We continue to look forward to the full year with confidence."
SDL expects to announce half year results for 2006 on 4th September 2006.