SDL
08/07/2015 10:05
FORECAST
PRICE SENSITIVE
REL: 1005 HRS Solution Dynamics Limited
FORECAST: SDL: FY2015 Unaudited Results Guidance
Solution Dynamics Limited (SDL or the Company) advises that it has achieved
strong trading results to close FY2015 and profitability will exceed previous
guidance issued on 30 April for pre-tax profit in excess of $750,000. The
Company now expects pre-tax profit of around $850,000 for the year. SDL
finished with approximately $1.35 million of net cash (i.e. net of interest
bearing debt) on hand at 30 June. Note that these figures are unaudited
numbers based on management accounts.
The Company is still finalising its tax position for FY2015, which includes
utilisation of both NZ and UK tax losses. NZ tax losses were fully utilised
during 2H FY2015 and the extent of the domestic tax liability will determine
the size of the fully imputed dividend SDL is able pay from its FY2015
earnings.
SDL's audited FY2015 result is expected to be released in late August and the
company will also announce its dividend for FY2015 at that time.
For further information, please contact:
John McMahon
Chairman
+61-(0)410-411 806
Nelson Siva
Managing Director
+64-(0)21-415 027
End CA:00266770 For:SDL Type:FORECAST Time:2015-07-08 10:05:41
