Tuesday, 13 October 2009

Steady as she goes at SDL

(By Philip Carnelley, 13 Oct 09, 09:00) SDL has issued a pretty neutral IMS for its third quarter. As we have previously commented (see SDL points to a brighter future) SDL had a fairly difficult first half. It seems the brighter future is still awaited, but there were some green shoots. Profits and revenue are both said to be ‘in line;’ demand for translation services is described as ‘stable’, while demand for technology was ‘robust,' and cash flow said to be strong. There were some cross-sales across the divisions, which is an important indicator – a key plank of SDL’s strategy is synergy between the translation and web content management offerings and across the product lines. We’ve previously expressed some doubts about this (SDL – Lost in translation?) so it’s interesting to see it working out in practice – we await further details in due course.

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