SDL has today announced that both FY19 sales and AOP are in line. Further, the company states its y/e net cash position at £26m – this is also in line with N1S forecasts. To remind, FY18 reflects only 5 months‘ contribution by DLS, therefore the majority of FY19’s sales uplift should come from Donnelley, but as well, +4/5% (exp.) organic growth. To this end, today’s update provides evidence of progression – towards management’s stated goal of “high single digit” growth. We flag that the y/y LFL ....

21 Jan 2020
In line FY trading statement

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In line FY trading statement
RWS Holdings plc (RWS:LON) | 245 -1 (-0.2%) | Mkt Cap: 922.1m
- Published:
21 Jan 2020 -
Author:
Kevin Ashton -
Pages:
3 -
SDL has today announced that both FY19 sales and AOP are in line. Further, the company states its y/e net cash position at £26m – this is also in line with N1S forecasts. To remind, FY18 reflects only 5 months‘ contribution by DLS, therefore the majority of FY19’s sales uplift should come from Donnelley, but as well, +4/5% (exp.) organic growth. To this end, today’s update provides evidence of progression – towards management’s stated goal of “high single digit” growth. We flag that the y/y LFL ....