SDL plc, the leading provider of Global Information Management (GIM) solutions and parent of Tridion, the leading global provider of Web Content Management (WCM) solutions announced on Monday July 16 the interim results for half year ending 30th June 2007. SDL expects half year profits to be ahead of market expectations.
SDL is expecting to be able to report profits before taxation and amortization of intangible assets of not less than £8.5 million, up 67% from 2006 (£5.1 million). Revenues are expected to be in the region of £54 million, up 20% from 2006 (£45 million).
Commenting on the factors that are driving out this performance, Mark Lancaster, Chairman and Chief Executive Officer of SDL comments: “Our Global Information Management solutions are gaining adoption as clearly witnessed by the strong performance of the whole SDL Group. The performance of our recent acquisition Tridion also over-achieved on our expectations. It is clear to us that global corporations are increasingly recognizing the importance of localization as a key business differentiator. As a result I am delighted with our half-year performance.” SDL expects to announce half year results for 2007 on 3rd September 2007.
Tridion highlights in the first half of 2007 include strong performance, becoming part of the SDL Group, opening a second US office in San Francisco, the release of the new solution Archive Manager, the very successful international event Tridion World, industry confirmation by Gartner and improvement of its total business solutions offering and stronger links with existing clients. The recent Forrester Wave report 2007, citing Tridion again as leader in the WCM field, confirms the firms’ strong product offering and successful business strategy.
In addition Tridion reports several new client contracts, including Advantage West Midlands, Ministerio de Agricultura Pesca y Alimentation (Spanish Ministry of Agriculture and Fishery), Fedict (the Belgian Federal Government Service for ICT), Malmberg and WSPA (World Society for Protection of Animals).