SDL plc Q1 Interim Management Statement

No Subtitle

Maidenhead, U.K.
4/25/2014 2:38:08 PM

SDL plc (“SDL”: LSE: SDL), a leader in Customer Experience Management solutions, today publishes its Interim Management Statement incorporating the period from 1 January 2013 to 31 March 2013, as required by the UK’s Listing Authority disclosure rules.

Whilst the performance for the first quarter of 2013 was slightly behind management expectations, given the previously announced investments, the Board remains confident for the outlook for the current financial year.

The Technology segment’s revenue performance in the first quarter of 2013 was broadly flat on the first quarter last year and slightly behind management expectations. Licence bookings in Content Management Technologies and Machine Translation were in line with management expectations, and bookings in Campaign Management, Analytics and Social Intelligence were behind expectations. As previously indicated, the planned marketing and sales investments announced in November 2012 and in our preliminary results for 2012, has had the expected short term impact on the profitability of this division. New contract wins in the period include, Elekta, Tokyo Electron and GTA, part of Kuoni Global Travel Services.

Language Services revenue in the first quarter of 2013 was marginally ahead of the first quarter last year and we are pleased with this performance given that Q1 2012 was a very strong quarter for the Language Services segment. We see continued growth momentum in the business. However, profit is down on Q1 2012 due to a combination of pricing pressure and investment in the transition to automated translation and is therefore performing slightly behind management expectations at this stage. New contract wins in the period include Edwards Lifesciences, Rolls Royce and Premier Farnell.

As planned, we have recently hired a Chief Marketing Officer. In addition, SDL’s previously announced marketing and sales investment plans remain on track. This is crucial to build our pipeline and bookings for the remainder of this year and beyond.

SDL continues to lead in Web Content Management technology, and more importantly has emerged the leader in Customer Experience Management, according to the recent Forrester Wave TM. We have recently launched our new Social Intelligence platform, and remain on track, with other product launches, to cement our leadership in Customer Experience Management.

Commenting on the IMS, Mark Lancaster said today:

“We remain confident in the need for Customer Experience Management technology in the market place and believe our suite of products and services addresses the challenges of engagement in the new digital world. We are making very good progress with our investment in sales and marketing, the returns from which we expect to start seeing in the form of bookings in the second half of the financial year.

Get in touch
Contact us

About RWS

RWS Holdings plc is a unique, world-leading provider of technology-enabled language, content and intellectual property services. Through content transformation and multilingual data analysis, our combination of AI-enabled technology and human expertise helps our clients to grow by ensuring they are understood anywhere, in any language.

Our purpose is unlocking global understanding. By combining cultural understanding, client understanding and technical understanding, our services and technology assist our clients to acquire and retain customers, deliver engaging user experiences, maintain compliance and gain actionable insights into their data and content.

Over the past 20 years we’ve been evolving our own AI solutions as well as helping clients to explore, build and use multilingual AI applications. With 40+ AI-related patents and more than 100 peer-reviewed papers, we have the experience and expertise to support clients on their AI journey.

We work with over 80% of the world’s top 100 brands, more than three-quarters of Fortune’s 20 ‘Most Admired Companies’ and almost all of the top pharmaceutical companies, investment banks, law firms and patent filers. Our client base spans Europe, Asia Pacific, Africa and North and South America. Our 65+ global locations across five continents service clients in the automotive, chemical, financial, legal, medical, pharmaceutical, technology and telecommunications sectors.

Founded in 1958, RWS is headquartered in the UK and publicly listed on AIM, the London Stock Exchange regulated market (RWS.L). 

For further information, please visit:

© 2023 All rights reserved. Information contained herein is deemed confidential and the proprietary information of RWS Group*.
*RWS Group shall mean RWS Holdings plc for and on behalf of its affiliates and subsidiaries.