SDL’s interims highlight a combination of good financial results, underlying operational improvement and important progress against strategic objectives. H1 revenue grew 3% (6% at constant currency) and Language Services margin expanded 340bps predominately as a result of greater use of MT and more in-house translation. The post period end acquisition of DLS has also accelerated the premium solutions strategy and should deliver healthy earnings accretion (8% est. in FY19). We have made no furthe ....

06 Aug 2018
Stabilised H1, positive outlook for H2

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Stabilised H1, positive outlook for H2
RWS Holdings plc (RWS:LON) | 300 -21.6 (-2.4%) | Mkt Cap: 1,166m
- Published:
06 Aug 2018 -
Author:
Adam Lawson -
Pages:
3 -
SDL’s interims highlight a combination of good financial results, underlying operational improvement and important progress against strategic objectives. H1 revenue grew 3% (6% at constant currency) and Language Services margin expanded 340bps predominately as a result of greater use of MT and more in-house translation. The post period end acquisition of DLS has also accelerated the premium solutions strategy and should deliver healthy earnings accretion (8% est. in FY19). We have made no furthe ....