SDL’s year end trading update confirms that good progress has been made in executing the new strategic plan, with revenue from continuing operations and adjusted PBT both slightly ahead of expectations. The transformation program is well underway, with all the pieces in place for the group to deliver on its medium-term targets of c.10% organic revenue growth and mid to high teens profit margins. SDL is one of our key picks for the year. The shares trade on an FY’17 EV/EBITDA of 9.8x and PER of 1 ....
20 Jan 2017
N+1 Singer - SDL - Transformation progressing well
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N+1 Singer - SDL - Transformation progressing well
RWS Holdings plc (RWS:LON) | 166 5 1.8% | Mkt Cap: 612.8m
- Published:
20 Jan 2017 -
Author:
Tintin Stormont -
Pages:
3
SDL’s year end trading update confirms that good progress has been made in executing the new strategic plan, with revenue from continuing operations and adjusted PBT both slightly ahead of expectations. The transformation program is well underway, with all the pieces in place for the group to deliver on its medium-term targets of c.10% organic revenue growth and mid to high teens profit margins. SDL is one of our key picks for the year. The shares trade on an FY’17 EV/EBITDA of 9.8x and PER of 1 ....