SDL.L Share News (SDL)

By Aashika Jain

March 18 (Reuters) - Translation software maker SDL Plc reported adjusted profit for 2013 slumped more thanthree-quarters on lower revenue from technology licensing andhigher research and development costs as it transitions toautomated translations.

Shares in the FTSE-Small Cap Index company fell as much as6.2 percent in early trade on the London Stock Exchange.

The company said it would not pay a final dividend andexpects revenue and profit to pick up in 2014, but warned of alag before restructuring and investments take full effect.

"We are looking at probably a 30-70 type split in terms ofprofitability as we move through the first and the second half,Chief Executive Mark Lancaster told Reuters.

The company, which sells rights to its translation softwareas well as consulting and language services, incurred a one-offcost of 25.1 million pounds to restructure its business in 2013.

Post restructuring, SDL reported a loss of 24.4 millionpounds compared with a profit of 27.4 million pounds last year.

The company said profit before tax and amortisation ofintangibles and one-off costs dropped to 8.2 million pounds($13.65 million) for the year ended Dec. 31, from 37 millionpounds.

Revenue last year fell to 266.1 million pounds from 269.3million pounds.

SDL shares were down 5.7 percent at 349 pence at 0954 GMT.