SDL cautious but on track in first quarter
Information management firm SDL said demand for its products remained stable as it updated the market on its first quarter performance.
Information management firm SDL said demand for its products remained stable as it updated the market on its first quarter performance.
The firm said that both revenues and operating profit in the first three months of 2012 were in line with management expectations.
"We do not yet see broad based economic recovery but overall demand conditions are stable and our pipeline remains solid," SDL said in a statement.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
"We see variability across the different segments served, but the broad industry vertical mix of our customer base, combined with our geographic spread, continues to afford protection against economic uncertainty."
The firm added that it was positive about its progress in integrating analytics firm Alterian.
SDL bought the firm for £69.7m - or 110p per share - at the end of January.
Alterian's software allows clients to monitor what their customers are interested in by analysing what they are looking at, and for how long.
At the time SDL hailed the deal as "an excellent strategic fit", combining Alertian's marketing analytics, campaign management and social media capabilities with its own web content management, e-commerce and structured content products.
-
Who is the richest person in the world?
The top five richest people in the world have a combined net worth of $825 billion. Who takes the crown for the richest person in the world?
By Vaishali Varu Published
-
Top 10 stocks with highest growth over past decade - from Nvidia, Microsoft to Netflix, which companies made you the most money?
We reveal the 10 global companies with the biggest returns since 2013. One firm has posted an astonishing 9,870% return, meaning a £1,000 investment would now be worth almost £82,000.
By Ruth Emery Published