SDL increases its 2015 final dividend by 24%

DividendMax Ltd.

SDL increases its 2015 final dividend by 24%

Highlights

Revenue and PBTA in-line with management expectations

Revenue £266.9 million (2014: £260.4 million)

Profit before tax, amortisation and one-off costs, PBTA, £20.6m (2014: £16.5million)

Impairment charge of £33.3 million; other one-off costs of £5.8 million

Loss after tax £30.7 million (2014: profit after tax £6.6 million)

Adjusted Earnings per share of 16.13 pence (2014: 15.10 pence)

Proposed dividend of 3.1 pence per share (2014: 2.5 pence per share), reflecting the Board's confidence in the future

Language Services trading at record profit levels and high levels of repeat revenues

Language Technologies and Global Content Management broadly flat in terms of trading

New client wins include Huawei, Mitsubishi Electric, PayPal, Symantec, Kaspersky Lab, Alfa Laval, Canon, China Airlines, DAF and Philips Medical Systems

Completion of operating review has determined that Fredhopper, Social Intelligence and Campaign & Analytics businesses are non-core

Companies mentioned