SDL has reported interim results that highlight group revenue up 40%, driven by 6% pro forma revenue growth, the DLS acquisition and currency tailwinds. Further improvement in gross margin and cost saving initiatives helped deliver adjusted operating of £16.1m (£15.5m pre-IFRS 16) and adjusted diluted EPS up 14%. This financial outturn was underpinned by improvements across all core financial and operating KPIs. SDL has entered the second half with good sales momentum and a healthy sales pipelin ....

06 Aug 2019
Good progress with all KPIs, trading remains on track

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Good progress with all KPIs, trading remains on track
RWS Holdings plc (RWS:LON) | 300 -21.6 (-2.4%) | Mkt Cap: 1,166m
- Published:
06 Aug 2019 -
Author:
Adam Lawson -
Pages:
4 -
SDL has reported interim results that highlight group revenue up 40%, driven by 6% pro forma revenue growth, the DLS acquisition and currency tailwinds. Further improvement in gross margin and cost saving initiatives helped deliver adjusted operating of £16.1m (£15.5m pre-IFRS 16) and adjusted diluted EPS up 14%. This financial outturn was underpinned by improvements across all core financial and operating KPIs. SDL has entered the second half with good sales momentum and a healthy sales pipelin ....