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RWS Holdings plc >
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SDL delays results in-line with FCA moratorium

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  • 25 Mar 2020

SDL delays results in-line with FCA moratorium


RWS Holdings plc (RWS:LON) | 342 -3.4 (-0.3%) | Mkt Cap: 1,332m


  • Singer Capital Markets
    • Caspar Erskine

    • 3 pages

IT services image


 
IT services image


SDL have delayed the announcement of FY’19 prelims in line with the FCA moratorium publicised over the weekend. The Group reiterates the strength of FY’19 trading previously flagged in the update in January. Whilst FY’20E has had a strong start with revenues and pipeline building well, more recently the Group has noted some delayed decision making from customers. SDL’s high degree of recurring revenues and stickiness of product offerings provides some insulation, however management are anticipat ....

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SDL delays results in-line with FCA moratorium


RWS Holdings plc (RWS:LON) | 342 -3.4 (-0.3%) | Mkt Cap: 1,332m


  • Published: 25 Mar 2020
  • Author: Caspar Erskine
  • Pages: 3
  • Singer Capital Markets


SDL have delayed the announcement of FY’19 prelims in line with the FCA moratorium publicised over the weekend. The Group reiterates the strength of FY’19 trading previously flagged in the update in January. Whilst FY’20E has had a strong start with revenues and pipeline building well, more recently the Group has noted some delayed decision making from customers. SDL’s high degree of recurring revenues and stickiness of product offerings provides some insulation, however management are anticipat ....


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