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SDL, the British translation firm has reported a 10 percent rise in its revenue for the second quarter. It was helped in achieving this by the weak pound. A closer review of the situation reveals that sales, when calculated at constant currency were down by 14% and 6% in translation services and technology respectively.
Company sources at SDL which provides translation services to blue chip companies like Microsoft, Dell and Honda said they have been facing reduced demands lately. The reason being that the big companies like the ones served by SDL are usually first to go for cover in negative conditions like the ongoing recession. Most of these companies have delayed launches of new services and products, reducing the need for documentation and translation services.
SDL’s bosses believe that the company has handled the financial recession very well and they are quite positive about the future. In fact, SDL has made several acquisitions including that of XyEnterprise so that they can create a software package for managing the translation cycle. Moreover, the coming months promise significant improvements as companies get back to work aggressively.
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