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From the picture bank
SDL interim results not as bad as expected
2007-09-03 Desk
Tridion contribution of revenue of £3.8m and £1.8m of profit before tax
SDL, provider of Global Information Management (GIM) solutions that acquired Content Management company Tridion earlier this year, has announced its unaudited interim results for the six months ended 30 June 2007 today. Overall, the results seem to show signs of revenues increase, says the company
Highlights include:
- Results ahead of market expectations
- Gross Margin up 2% points to 52% compared to the first half of 2006
- Tridion contribution of revenue of £3.8m and £1.8m of profit before tax
- Successful integration of Tridion with encouraging early signs of cross-selling opportunities
- Strengthening of product set with acquisition of Passolo for €2m
- Strong market penetration: SDL supplies technology and/or services to the world’s top 10 brands
- Significant new business wins including Intel, Phillips and Greater London Authority
Mark Lancaster, Chairman and Chief Executive of SDL, comments“We are pleased to announce a strong performance for the half year, ahead of market expectations. We continue to see solid organic growth driven by the increased adoption of our technology and a growing awareness of our solutions. In addition, the acquisition of Tridion, a leading web content management software company, has integrated well into SDL, contributing to the growth in the period.
“Looking ahead, we remain confident in our prospects for the full year. Overall, we are encouraged by the progress achieved to date and anticipate to see continued growing interest in Global Information Management Solutions. Our newly acquired web content management capability combined with SDL’s Translation Management System, make for a compelling proposition to address the complex requirements of an evolving market place. We anticipate that this combined offering will deliver continued growth in the longer term.”
www.sdl.com
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