SDL have delayed the announcement of FY’19 prelims in line with the FCA moratorium publicised over the weekend. The Group reiterates the strength of FY’19 trading previously flagged in the update in January. Whilst FY’20E has had a strong start with revenues and pipeline building well, more recently the Group has noted some delayed decision making from customers. SDL’s high degree of recurring revenues and stickiness of product offerings provides some insulation, however management are anticipat ....
25 Mar 2020
SDL delays results in-line with FCA moratorium
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SDL delays results in-line with FCA moratorium
RWS Holdings plc (RWS:LON) | 186 0 0.0% | Mkt Cap: 687.1m
- Published:
25 Mar 2020 -
Author:
Caspar Erskine -
Pages:
3
SDL have delayed the announcement of FY’19 prelims in line with the FCA moratorium publicised over the weekend. The Group reiterates the strength of FY’19 trading previously flagged in the update in January. Whilst FY’20E has had a strong start with revenues and pipeline building well, more recently the Group has noted some delayed decision making from customers. SDL’s high degree of recurring revenues and stickiness of product offerings provides some insulation, however management are anticipat ....