SDL upbeat despite earnings dip

Translation software firm SDL yesterday revealed a 19 per cent fall in pre-tax profits for the year ended

31 December 2012, but gave an upbeat outlook for sales this year. Profit before tax fell to £27.4m on revenues up 18 per cent to £269.3m, boosted by strong organic growth. “As a result of under investment in the business in 2011 and 2012 performance has been impacted, particularly in the technology segment,” chief executive Mark Lancaster said