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
