- Release Date: 21/10/14 16:27
- Summary: FORECAST: SDL: FY2015 Guidance Update
- Price Sensitive: No
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SDL 21/10/2014 16:27 FORECAST REL: 1627 HRS Solution Dynamics Limited FORECAST: SDL: FY2015 Guidance Update Solution Dynamics (SDL) has produced a solid start to FY2015 with first quarter earnings well above budget, mainly the result of increased sales of both software and print imaging services to existing customers. October and November are the seasonally most important months in the first half and consequently SDL's interim profit is still heavily dependent on current and near term trading. Nevertheless the company still expects to achieve a first half result in excess of budget although this forecast is reliant on the timing of several client software upgrades, which could slip into the second half of the financial year. SDL expects an improved profit result in FY2015 and is now raising earnings guidance from in excess of $600,000 to guidance of $650,000 to $700,000. There are some risks around this forecast as pricing remains very competitive in print imaging, software sales cycles are slow and the company requires further successful new business development activity to meet our upgraded guidance target. An update on first half trading and the estimated FY2015 interim profit result will be provided in December. For further information, please contact: John McMahon Chairman +61-410-411 806 Nelson Siva Director & Chief Executive Officer +64-21-415027 End CA:00256653 For:SDL Type:FORECAST Time:2014-10-21 16:27:51
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