SDL (SDL)

Sector:

IT Services

Index:

FTSE Small Cap

490.00p
   
  • Change Today:
      5.00p
  • 52 Week High: 596.00
  • 52 Week Low: 440.00
  • Currency: UK Pounds
  • Shares Issued: 90.71m
  • Volume: 42,374
  • Market Cap: £444.49m
  • RiskGrade: 192

SDL earnings to come in above analysts' expectations

By Michele Maatouk

Date: Monday 21 Jan 2019

LONDON (ShareCast) - (Sharecast News) - In a brief trading update on Monday, software and professional services company SDL said all parts of its business had performed well in the year to the end of December 2018.
The group said it expects revenues for the year to come in at between £323m and £325m, while adjusted earnings before interest, tax and amortisation should be in line with expectations at no less than £28.5m, up from £22m the year before.

Net cash at 31 December after the $77m acquisition of Donnelley Language Solutions and equity fundraising of £36.2m was £14.4m versus £22.7m in 2017.

Chief executive officer Adolfo Hernandez 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."

Peel Hunt said the EBITA expectations are marginally ahead of its forecast for £27.6m, while net cash is ahead of its estimates due to strong cash collection towards the end of the year.

"Both dividends and bonuses are paid in the first half, and we therefore expect a normalisation in cash throughout the year," it said.

Meanwhile, Numis said the update was "positive". It has pencilled in £322m in revenues and adjusted EBITA of £27.6m. The broker said SDL's cash performance looked particularly strong versus its forecast of £1.1m.

At 1350 GMT, the shares were up 3.4% to 537.40p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

SDL Market Data

Currency UK Pounds
Share Price 490.00p
Change Today 5.00p
% Change 1.03 %
52 Week High 596.00
52 Week Low 440.00
Volume 42,374
Shares Issued 90.71m
Market Cap £444.49m
RiskGrade 192

SDL Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
77.93% below the market average77.93% below the market average77.93% below the market average77.93% below the market average77.93% below the market average
22.00% above the sector average22.00% above the sector average22.00% above the sector average22.00% above the sector average22.00% above the sector average
Price Trend
25.80% above the market average25.80% above the market average25.80% above the market average25.80% above the market average25.80% above the market average
26.61% above the sector average26.61% above the sector average26.61% above the sector average26.61% above the sector average26.61% above the sector average
Income
76.13% below the market average76.13% below the market average76.13% below the market average76.13% below the market average76.13% below the market average
12.20% above the sector average12.20% above the sector average12.20% above the sector average12.20% above the sector average12.20% above the sector average
Growth
25.74% above the market average25.74% above the market average25.74% above the market average25.74% above the market average25.74% above the market average
Sector averageSector averageSector averageSector averageSector average

What The Brokers Say

Strong Buy 6
Buy 0
Neutral 1
Sell 0
Strong Sell 0
Total 7
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

SDL Dividends

  Latest Previous
  Final Final
Ex-Div 25-Apr-19 10-May-18
Paid 10-Jun-19 08-Jun-18
Amount 7.00p 6.20p

Trades for 20-Sep-2019

Time Volume / Share Price
16:48 2 @ 490.00p
16:37 383 @ 490.00p
16:37 163 @ 490.00p
16:37 163 @ 490.00p
16:37 163 @ 490.00p

SDL Key Personnel

CEO Adolfo Hernandez

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