logo
Plus   Neg
Share
Email

SDL Sees Higher Revenues, Adj. EBITA In FY18; Profit Growth In FY19

SDL plc (SDL.L), a provider of content management and language translation software and services, Monday said it expects fiscal year 2018 revenues to be in the range of 323 million pounds to 325 million pounds. The prior year's revenues were 287.7 million pounds.

Adjusted EBITA is expected to be in line with expectations, at no less than 28.5 million pounds, compared to prior year's 22.0 million pounds.

In its trading update for the year ended December 31, 2018, the company noted that all parts of the business have performed well.

Adolfo Hernandez, CEO of SDL plc, said, "We are very pleased with the financial and strategic progress made in 2018, which has included the roll-out of our business automation platform, investment in our technology platforms and the acquisition of Donnelley Language Solutions, which was completed in July. We look forward to driving further strategic progress, profit growth and shareholder value in 2019."

SDL will release its full year results on March 20.

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