SDL plc Q1 Interim Management Statement


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SDL plc, a leader in Customer Experience Management solutions, today publishes its Interim Management Statement incorporating the period from 1 January 2013 to 31 March 2013, as required by the UK’s Listing Authority disclosure rules.

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SDL plc Q1 Interim Management Statement

  1. 1. SDL plc Q1 Interim Management StatementMaidenhead, U.K.April 25 2013SDL plc (“SDL”: LSE: SDL), a leader in Customer Experience Management solutions, today publishes its InterimManagement Statement incorporating the period from 1 January 2013 to 31 March 2013, as required by the UK’sListing Authority disclosure rules.Whilst the performance for the first quarter of 2013 was slightly behind management expectations, given thepreviously announced investments, the Board remains confident for the outlook for the current financial year.The Technology segment’s revenue performance in the first quarter of 2013 was broadly flat on the first quarterlast year and slightly behind management expectations. Licence bookings in Content Management Technologiesand Machine Translation were in line with management expectations, and bookings in Campaign Management,Analytics and Social Intelligence were behind expectations. As previously indicated, the planned marketing andsales investments announced in November 2012 and in our preliminary results for 2012, has had the expectedshort term impact on the profitability of this division. New contract wins in the period include, Elekta,Tokyo Electron and GTA, part of Kuoni Global Travel Services.Language Services revenue in the first quarter of 2013 was marginally ahead of the first quarter last year and weare pleased with this performance given that Q1 2012 was a very strong quarter for the Language Servicessegment. We see continued growth momentum in the business. However, profit is down on Q1 2012 due to acombination of pricing pressure and investment in the transition to automated translation and is thereforeperforming slightly behind management expectations at this stage. New contract wins in the period includeEdwards Lifesciences, Rolls Royce and Premier Farnell.As planned, we have recently hired a Chief Marketing Officer. In addition, SDL’s previously announced marketingand sales investment plans remain on track. This is crucial to build our pipeline and bookings for the remainder ofthis year and beyond.SDL continues to lead in Web Content Management technology, and more importantly has emerged the leader inCustomer Experience Management, according to the recent Forrester Wave TM. We have recently launched ournew Social Intelligence platform, and remain on track, with other product launches, to cement our leadership inCustomer Experience Management.
  2. 2. Commenting on the IMS, Mark Lancaster said today:“We remain confident in the need for Customer Experience Management technology in the market place andbelieve our suite of products and services addresses the challenges of engagement in the new digital world. Weare making very good progress with our investment in sales and marketing, the returns from which we expect tostart seeing in the form ofbookings in the second half of the financial year.About SDLSDL enables global businesses to enrich their customers’ experience through the entire customer journey. SDL’stechnology and services help brands to predict what their customers want and engage with them across multiplelanguages, cultures, channels and devices.SDL has over 1,500 enterprise customers, 400 partners and a global infrastructure of 70 offices in 38 countries. 42out of the top 50 brands work with SDL. For more information, visit further information please contact:SDL plc Tel: +44 (0)1628 410 127Mark Lancaster, Executive Chairman & Chief Executive OfficerMatthew Knight, Chief Financial OfficerFTI Consulting Tel: + 44 (0)20 7831 3113Edward Bridges/Jon Snowball/Emma AppletonKnow more on:Global CommunicationTranslation process managementGlobal Information Management