Revenue up 20% at global information management solutions firm.
Shares in SDL (LSE: SDL) have bounced up 8p, or 1.2%, to 665p at the time of writing, following a positive interim results for the first half of 2012.
The global information management solutions company -- an area defined as an emerging market -- announced a 20% rise in revenue to £133.6m, while pre-tax profit increased 4% to £16.4m, leading to a 2% rise in earnings per share at 15.63p.
It's been a positive six months for SDL in a turbulent economy, with these results in line with previous expectations. Management also highlighted the successful integration of Alterian, the marketing firm it acquired at the beginning of the year.
However, the company is aware that its customers remain cautious of the global macro-economic outlook, in particular the uncertainties surrounding the eurozone. Despite this, executive chairman Mark Lancaster said that SDL does see growth opportunities elsewhere, mentioning the US and Asia.
He went on to say: "Through new client wins and a strong focus on execution, we believe the group will continue to show growth. We will maintain our investments to implement our long-term vision and strategy to create best of breed technology and service solutions."
SDL is performing strongly, then, though depending on your investing style, you might feel uneasy investing in a sector that you don't fully comprehend. Warren Buffett is a prime example of this type of investor, steering clear of businesses that he didn't completely understand. A UK company I'm sure you will have heard of, however, is one that Buffett has recently bought into. Find out what it is in this report "The British Business That Warren Buffett Loves". The report is absolutely free, and will be emailed to your inbox imminently, so why not take a look?
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> Sam does not own shares in SDL.
