- Release Date: 13/06/14 10:10
- Summary: FORECAST: SDL: FY2014 Outlook Update
- Price Sensitive: No
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SDL 13/06/2014 10:10 FORECAST REL: 1010 HRS Solution Dynamics Limited FORECAST: SDL: FY2014 Outlook Update FY2014 Outlook Update 13 June 2014 Solution Dynamics (SDL) continues to generate improved results. The company produced particularly strong profitability in May on the back of better than expected revenue from a combination of new business, additional business from existing clients and modest one-off items. Subject to SDL meeting its internal June budget, the company's previous FY2014 forecast of a profit in excess of $400,000 is updated to guidance of a profit between $450,000 and $500,000 for the full year. SDL is also budgeting to finish FY14 with a net cash balance of approximately $550,000 although timing of month end receipts and payments may cause variance to this figure. For further information, please contact: John McMahon Chairman +61-410-411 806 Nelson Siva Director & Chief Executive Officer +64-21-415027 End CA:00251558 For:SDL Type:FORECAST Time:2014-06-13 10:10:29
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