Plus   Neg

SDL HY Profit Drops

SDL plc (SDL.L) reported that its profit for the six months ended 30 June 2018 dropped to 5.6 million pounds from 18.7 million pounds in the prior year. Earnings per share was 6.7 pence, down from 22.5 pence in the prior year.

Earnings per share from Continuing Operations grew by 42% to 6.8 pence from 4.8 pence last year.

The Group's adjusted earnings per share from Continuing Operations grew by 54% to 10.8 pence from 7.0 pence in the previous year.

Group profit before tax declined to 7.8 million pounds, from the previous year's 20.9 million pound, due to the 20.6 million pounds profit on sale of the discontinued businesses in 2017.

Revenue rose to 143.1 million pounds from last year's 141.2 million pounds, driven by a 2.6% increase in Language Service revenues, a 6.6% increase in Language Technology revenues and a 0.4% increase in Global Content Technology revenues.

For comments and feedback contact: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
McDonald's Corp. has announced the return of its popular Shamrock Shake milkshake for a limited time at participating U.S. restaurants nationwide. The minty green milkshake is made with McDonald's vanilla soft serve blended with Shamrock Shake syrup and topped with whipped topping. It first debuted on the McDonald's menu in 1970 and has been a seasonal tradition for nearly 50 years. Asia-focused lender HSBC, through its blockchain-powered platform, has reduced the cost of settling foreign exchange trades by 25 percent, Reuters reported quoting a bank executive overseeing the project. Mark Williamson, chief operating officer of FX cash trading and risk management, told that the bank processes between 3,500 and 5,000 trades a day on its "FX Everywhere" system. PepsiCo, Inc. (PEP) reported fourth-quarter core EPS of $1.49 compared to $1.31, prior year. Excluding the impact of foreign exchange translation, core constant currency EPS increased 17 percent year-over-year. On average, 19 analysts polled by Thomson Reuters expected the company to report profit per...
Follow RTT