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SDL Tridion announces record-setting financial results in 2007
published on 29-01-2008
SDL Tridion today announces that the company achieved record-setting financial results in 2007. Revenue growth continued to accelerate from 2006 and profitability hit record levels. The SDL Tridion announcement follows one week after the trading statement of parent company SDL plc who reported total revenues and profits for the year ended 31 December 2007 are expected to be ahead of analyst expectations.
With these excellent results, SDL Tridion again confirms its position as the most profitable vendor in the enterprise class Web Content Management sector. SDL Tridion’s primary revenue growth drivers in 2007 were the significant expansion in both the US and UK market as well as market share growth across Europe and APAC.
The company’s focus on enabling customers to deliver consistent and persuasive customer experiences in multiple languages across multiple Web sites and channels has lead to significant global customer expansion. The substantial number of new customers in 2007 includes TomTom, Fortis ASR, NXP Semiconductors, State of Minnesota, Miami Dade, Tibco Software, Zesko, Martinair, Sonofon, Telenor, Gulf Bank, Philippine Airlines, Exact Holding, Merck KGaA, RIU Hotels & Resorts, Archant, Greater London Authority, Disneyland Resort Paris, Hanley Wood, Fedict, and Belgian National Lottery. Many existing customers extended their SDL Tridion installations.
Mark Lancaster, Chairman and Chief Executive Officer of SDL commented: “The strong overall performance of SDL was achieved as a result of the company making excellent progress across both the technology and services business units in the SDL Group. We are particularly encouraged by the strong contribution from the SDL Tridion business unit, acquired in May 2007. Their award winning technology for managing global web content represents a very successful key element of our Global Information Management strategy.”
“SDL Tridion’s continuous success in 2007 confirms the strength of our software solutions and team,” said Pieter Varkevisser, CEO of Tridion. “Our position as leader in the WCM market has in 2007 again been confirmed by Forrester and Gartner analysts, and experts at InfoWorld. We are looking forward to a solid 2008, as we increase our investments in global expansion and broaden our product portfolio. We are confident that our plans for this year will continue to solidify our role as leader in WCM.”
SDL expects to announce preliminary results for the year ended 31 December 2007 on 26th February 2008, when further details will be given.
Christian Daems
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