SDL (SDL)

Sector:

IT Services

Index:

FTSE Small Cap

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500.00p
   
  • Change Today:
    -8.00p
  • 52 Week High: 596.00p
  • 52 Week Low: 430.00p
  • Currency: UK Pounds
  • Shares Issued: 90.71m
  • Volume: 12,332
  • Market Cap: £453.57m
  • RiskGrade: 141
  • Beta: 0.05

SDL profits grow as transformation plans bear fruit

By Michele Maatouk

Date: Wednesday 20 Mar 2019

LONDON (ShareCast) - (Sharecast News) - Software and professional services group SDL said on Wednesday that full-year profit and revenues grew as it made "substantial" progress against its transformation plan and strategic objectives.
In the year to the end of December 2018, pre-tax profit rose to £18.4m from £17m on revenue of £323.3m, up from £287.2m in 2017. Adjusted operating profit came in at £29m versus £24m the year before and the dividend per share was lifted to 7p from 6.2p.

The company said integration of Donnelley Language Solutions was on track and the business has performed to expectations. DLS contributed revenues of £27.8m and adjusted operating profit of £1.8m during the period from 23 July to 31 December 2018.

Chief executive Adolfo Hernandez said: "I am pleased to report a solid improvement in the group's financial performance compared to 2017, with all divisions performing well.

"The actions we took during 2017 helped to deliver this positive outcome. Strategically, we worked at pace to transform our business through the implementation of our Language Services automation programme and investment in technology and services innovation, the benefits of which will also be seen in future periods."

Hernandez said much of the transformational heavy-lifting has now been completed.

"Our key programmes for 2019 include the optimisation of the Helix automation programme; further integration of DLS, innovation in Language Cloud and Linguistic AI; building our premium services and solutions and streamlining our back-office operations.

"Although uncertainty remains as to the outcome of the Brexit negotiations between the UK and EU, the group has adopted an approach that we believe will allow us to manage the risks and opportunities that Brexit brings."

At 1530 GMT, the shares were up 1.1% to 552p.

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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 500.00p
Change Today -8.00p
% Change -1.57 %
52 Week High 596.00p
52 Week Low 430.00p
Volume 12,332
Shares Issued 90.71m
Market Cap £453.57m
Beta 0.05
RiskGrade 141

SDL Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
83.58% below the market average83.58% below the market average83.58% below the market average83.58% below the market average83.58% below the market average
7.84% below the sector average7.84% below the sector average7.84% below the sector average7.84% below the sector average7.84% below the sector average
Price Trend
27.94% above the market average27.94% above the market average27.94% above the market average27.94% above the market average27.94% above the market average
17.12% above the sector average17.12% above the sector average17.12% above the sector average17.12% above the sector average17.12% above the sector average
Income
68.33% below the market average68.33% below the market average68.33% below the market average68.33% below the market average68.33% below the market average
28.57% above the sector average28.57% above the sector average28.57% above the sector average28.57% above the sector average28.57% above the sector average
Growth
24.59% above the market average24.59% above the market average24.59% above the market average24.59% above the market average24.59% above the market average
13.21% below the sector average13.21% below the sector average13.21% below the sector average13.21% below the sector average13.21% below the sector average

What The Brokers Say

Strong Buy 2
Buy 2
Neutral 2
Sell 0
Strong Sell 0
Total 6
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 25-Jun-2019

Time Volume / Share Price
09:25 55,000 @ 510.00p
09:24 39,281 @ 510.00p
14:37 50,000 @ 499.00p
12:20 1,108 @ 525.00p
16:35 8 @ 500.00p

SDL Key Personnel

CEO Adolfo Hernandez

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