Quarterly progress at SDL

29th Sep 2011 10:30

Document and patent translation specialist SDL said third quarter revenue and operating profit was in line with management expectations, as it makes solid progress towards the operational and strategic priorities set for the year. On a cautionary note SDL noted, "We continue to view the economic outlook with caution; nonetheless, demand across the group has remained robust, driven by SDL's core characteristics of geographic and client diversity."Last month SDL posted better than expected half year earnings and emphasised that the demand environment for its solutions remained sound.---cj