SDL plc ('SDL', 'the Group' or the 'Company'), a leader in global content management and language translation software and services, announces its unaudited interim results for the six months ended 30 June 2016.

Unaudited 6 months to 30 June 2016

Continuing
£m
Discontinued
£m
£m
Total
Income Statement
Revenue
 120.4
 13.3
 133.7
Profit before tax amortisation
and one-off items
 11.6
 (2.1)
 9.5
Profit before tax
 4.9
 (4.0)
 0.9
Earnings per ordinary share
basic (pence)
 5.60
 (4.96)
 0.64
Adjusted Earnings per ordinary Share - basic (pence)
 12.10
 (2.99)
 9.11
Statement of Financial position
Total equity
 178.0
Cash and cash equivalents
 15.2
Interest bearing loans and borrowings
 (1.9)

Unaudited 6 months to 30 June 2015

Continuing
£m
 Discontinued
£m
 £m
Total
Income Statement
Revenue
 120.7
 13.2
 133.9
Profit before tax amortisation
and one-off items
 11.4
 (2.1)
 9.3
Profit before tax
 8.9
 (2.9)
 6.0
Earnings per ordinary share
basic (pence)
 8.54
 (3.78)
 4.76
Adjusted Earnings per ordinary Share - basic (pence)
 11.05
 (2.99)
 8.06
Statement of Financial position
Total equity
 194.8
Cash and cash equivalents
 11.2
Interest bearing loans and borrowings
 (3.0)

Commenting on the business and the results, Adolfo Hernandez, CEO of SDL, said:

'Since joining SDL three months ago, I can see that we have tremendous opportunities to drive long-term sustainable growth and shareholder value. Much work has been done to more clearly understand our clients' needs and how to better align our product and services offering to them. In the short-term I believe there are areas where we can improve productivity and efficiency but there remains a lot of work to do to take full advantage of the opportunities in our chosen markets.

We are working hard to create a more scalable platform to compete even more effectively as one of the leaders in our industry. SDL has the right strategy in place and I am excited about the opportunity ahead of us. We have started executing our strategic plan and as we enter the second half, we are confident of the outlook for the current financial year and beyond.'

SDL plc published this content on 02 August 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 02 August 2016 07:15:04 UTC.

Original documenthttp://www.sdl.com/about/news-media/press/2016/sdl-plc-interim-results-for-the-six-months-ended-30-june-2016.html#108170

Public permalinkhttp://www.publicnow.com/view/76C06A37CAA5560260953AFADAF6ABD1AF3C5FBD