SDL to top investors' expectations

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Hemscott.com recently reported that information management expert SDL cheered investors by saying its interim profits will breeze past expectations, with analysts reckoning strong trading helped to offset adverse currency movements.

In an update ahead of its interims on 4 September, the group, which supplies translation software and other information management services to international businesses, said it will report half year pretax profits of 'not less than'  5m British Pounds, representing an increase of 43% compared to last years figures.

SDL Inc., sole vendor of TRADOS and SLDX CAT-software products and, thus, the single most-important supplier to the GILT (globalisation, internationization, localization, and translation) industries and according to Common Sense Advisory third largest language service provider (LSP), hailed the 'solid' interim performance, highlighting in particular the successful integration of former arch-rival expert TRADOS, which it acquired for US$ 60m last July, as a big boost for the company.

Source: hemscott.com