Watch the latest episode of focusIR Fireside Chats: Why Edinburgh Investment Trust Is Backing Turnaround Stocks for 2026 Growth. View here

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksSDL.L Regulatory News (SDL)

  • There is currently no data for SDL

Interim Management Statement

25 Apr 2013 07:00

RNS Number : 1752D
SDL PLC
25 April 2013
 



SDL plc

Q1 Interim Management Statement

25 April 2013 - Maidenhead, UK - SDL plc ("SDL": LSE: SDL), a leader in Customer Experience Management solutions, today publishes its Interim Management Statement incorporating the period from 1 January 2013 to 31 March 2013, as required by the UK's Listing Authority disclosure rules.

Whilst the performance for the first quarter of 2013 was slightly behind management expectations, given the previously announced investments, the Board remains confident for the outlook for the current financial year.

The Technology segment's revenue performance in the first quarter of 2013 was broadly flat on the first quarter last year and slightly behind management expectations. Licence bookings in Content Management Technologies and Machine Translation were in line with management expectations, and bookings in Campaign Management, Analytics and Social Intelligence were behindexpectations. As previously indicated, the planned marketing and sales investments announced in November 2012 and in our preliminary results for 2012, has had the expected short term impact on the profitability of this division. New contract wins in the period include Info.com, Elekta, Tokyo Electron and GTA, part of Kuoni Global Travel Services.

Language Services revenue in the first quarter of 2013 was marginally ahead of the first quarter last year and we are pleased with this performance given that Q1 2012 was a very strong quarter for the Language Services segment. We see continued growth momentum in the business. However, profit is down on Q1 2012 due to a combination of pricing pressure and investment in the transition to automated translation and is therefore performing slightly behind management expectations at this stage. New contract wins in the period include Edwards Lifesciences, Rolls Royce and Premier Farnell.

As planned, we have recently hired a Chief Marketing Officer. In addition, SDL's previously announced marketing and sales investment plans remain on track. This is crucial to build our pipeline and bookings for the remainder of this year and beyond.

SDL continues to lead in Web Content Management technology, and more importantly has emerged the leader in Customer Experience Management, according to the recent Forrester Wave TM. We have recently launched our new Social Intelligence platform, and remain on track, with other product launches, to cement our leadership in Customer Experience Management.

Commenting on the IMS, Mark Lancaster said today:

"We remain confident in the need for Customer Experience Management technology in the market place and believe our suite of products and services addresses the challenges of engagement in the new digital world. We are making very good progress with our investment in sales and marketing, the returns from which we expect to start seeing in the form of bookings in the second half of the financial year."

 For further information please contact:

SDL plc

Tel: +44 (0)1628 410 127

Mark Lancaster, Executive Chairman & Chief Executive Officer

 

Matthew Knight, Chief Financial Officer

 

 

 

FTI Consulting

Tel: + 44 (0)20 7831 3113

Edward Bridges/Jon Snowball/Emma Appleton

 

About SDL

SDL enables global businesses to enrich their customers' experience through the entire customer journey. SDL's technology and services help brands to predict what their customers want and engage with them across multiple languages, cultures, channels and devices. SDL has over 1,500 enterprise customers, 400 partners and a global infrastructure of 70 offices in 38 countries. 42 out of the top 50 brands work with SDL. For more information, visit www.sdl.com. All trademarks are the property of their respective owners.

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
IMSVZLFLXZFEBBX
Date   Source Headline
28th Oct 20148:58 amRNSDirector/PDMR Shareholding
15th Oct 20147:00 amRNSInterim Management Statement
29th Aug 20143:47 pmRNSTotal Voting Rights
21st Aug 20148:10 amRNSDirector/PDMR Shareholding
5th Aug 20147:00 amRNSHalf Yearly Report
11th Jul 201412:33 pmRNSNotice of Results
10th Jul 20144:53 pmRNSHolding(s) in Company
9th Jul 20142:12 pmRNSHolding(s) in Company
4th Jul 201412:02 pmRNSBlocklisting Interim Review
4th Jul 201411:38 amRNSTotal Voting Rights
25th Jun 20144:02 pmRNSHolding(s) in Company
18th Jun 201411:49 amRNSHolding(s) in Company
29th May 20143:30 pmRNSApplication for Admission & Exercise of Awards
15th May 20146:18 pmRNSTotal Voting Rights
2nd May 20147:00 amRNSHolding(s) in Company
1st May 20149:04 amRNSResult of AGM
29th Apr 20147:00 amRNSInterim Management Statement
14th Apr 20143:09 pmRNSAdditional Listing
8th Apr 20145:06 pmRNSAdditional Listing
7th Apr 20146:19 pmRNSDirector/PDMR Shareholding
4th Apr 20142:14 pmRNSHolding(s) in Company
31st Mar 20145:31 pmRNSTotal Voting Rights
18th Mar 20147:00 amRNSFinal Results
13th Mar 201410:46 amRNSApplication for Listing
27th Feb 201410:44 amRNSDirectorate Change
25th Feb 20142:17 pmRNSAnalyst and Investor Teach-in
21st Jan 20147:00 amRNSTrading Update
31st Dec 20139:39 amRNSBlocklisting Interim Review
30th Dec 20139:08 amRNSTotal Voting Rights
18th Dec 201311:39 amRNSHolding(s) in Company
16th Dec 20134:23 pmRNSDirector/PDMR Shareholding
13th Dec 20133:20 pmRNSHolding(s) in Company
25th Nov 20133:01 pmRNSDirectorate Change
20th Nov 20135:12 pmRNSHolding(s) in Company
19th Nov 20135:02 pmRNSHolding(s) in Company
15th Nov 20133:59 pmRNSHolding(s) in Company
6th Nov 201310:08 amRNSHolding(s) in Company
1st Nov 20139:42 amRNSTotal Voting Rights
23rd Oct 201310:54 amRNSHolding(s) in Company
22nd Oct 20133:43 pmRNSDirector/PDMR Shareholding
21st Oct 20132:30 pmRNSHolding(s) in Company
16th Oct 20135:52 pmRNSHolding(s) in Company
16th Oct 20133:53 pmRNSHolding(s) in Company
16th Oct 20133:49 pmRNSHolding(s) in Company
15th Oct 20137:00 amRNSInterim Management Statement
10th Oct 20136:05 pmRNSHolding(s) in Company
3rd Oct 20135:40 pmRNSHolding(s) in Company
1st Oct 20139:38 amRNSHolding(s) in Company
26th Sep 20137:00 amRNSDirectorate Change
23rd Sep 20133:51 pmRNSHolding(s) in Company

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.