SDL (SDL)

Sector:

IT Services

Index:

FTSE Small Cap

620.00p
   
  • Change Today:
      22.00p
  • 52 Week High: 636.00p
  • 52 Week Low: 379.00p
  • Currency: UK Pounds
  • Shares Issued: 91.11m
  • Volume: 21,108
  • Market Cap: £564.88m
  • RiskGrade: 320

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 620.00p
Change Today 22.00p
% Change 3.68 %
52 Week High 636.00p
52 Week Low 379.00p
Volume 21,108
Shares Issued 91.11m
Market Cap £564.88m
RiskGrade 320

SDL Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
87.07% below the market average87.07% below the market average87.07% below the market average87.07% below the market average87.07% below the market average
8.33% above the sector average8.33% above the sector average8.33% above the sector average8.33% above the sector average8.33% above the sector average
Price Trend
73.10% above the market average73.10% above the market average73.10% above the market average73.10% above the market average73.10% above the market average
45.63% above the sector average45.63% above the sector average45.63% above the sector average45.63% above the sector average45.63% above the sector average
Income
81.52% below the market average81.52% below the market average81.52% below the market average81.52% below the market average81.52% below the market average
21.21% below the sector average21.21% below the sector average21.21% below the sector average21.21% below the sector average21.21% below the sector average
Growth
74.56% above the market average74.56% above the market average74.56% above the market average74.56% above the market average74.56% above the market average
59.57% above the sector average59.57% above the sector average59.57% above the sector average59.57% above the sector average59.57% above the sector average

What The Brokers Say

Strong Buy 2
Buy 0
Neutral 1
Sell 0
Strong Sell 0
Total 3
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 13-Aug-2020

Time Volume / Share Price
11:35 16 @ 620.00p
11:32 2 @ 610.00p
11:31 4 @ 620.00p
11:26 2 @ 610.00p
11:26 34 @ 620.00p

SDL Key Personnel

CEO Adolfo Hernandez

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