SDL profit rises 40%; to launch new translation platform in September

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Language translation group SDL booked a 40% rise in first-half profit, as sales were boosted by the acquisition of Donnelley Language Solutions last year.

Pre-tax profit for the six months through June rose to £10.9m, as revenue rose 28% to £182.5m.

The company did not declare an interim dividend.

Chief executive Adolfo Hernandez said SDL planned to launch its next-generation translation platform in September.

'We enter the traditionally stronger second half with good sales momentum and a healthy sales pipeline,' Hernandez said.

'This, alongside the actions that we are taking on productivity, gives us confidence of delivering improved profitability for the full year, in line with management expectations.'

At 9:46am: (LON:SDL) SDL PLC share price was +46p at 487p