Straker Shares Skyrocket 75% on IBM Deal
Sydney-listed Straker Translations lands major deal win with IBM; shares zoom up as investors bet on long awaited boost to profitability. Continue reading
Tag: Grant Straker
Straker Translations Delivers Covid-Resistant Growth in FY H1 2021
New Zealand-based language service provider (LSP) Straker Translations grew sales in the six months to September 2020, and now plans to resume acquisition strategy. Continue reading
Straker’s Shares Jump 12% on FY Q1 2021 Results
Straker said that June 2020 brought a recovery across all business segments, after a 7% decline in sales orders between mid-March and late-April linked to the pandemic. Continue reading
Straker Posts Q4 FY 2020 Earnings, Puts M&A on Hold
Australia-listed Straker Translations posts Q4 2020 market update, as early effects of coronavirus led to ca. 7% drop in sales orders from mid-March 2020. Continue reading
Straker Translations Pays USD 1.1 Million for New Zealand Rival NZTC
Australia-listed language service provider Straker Translations acquires New Zealand Translation Centre (NZTC) for USD 1.1m, or 0.4x revenues. Continue reading
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Straker’s Growth Slows as Enterprise Shift Subdues Third Quarter FY 2020 Results
New Zealand-headquartered LSP Straker Translations grew 2% in the three months to December 2019; says longer lead times for enterprise customers subdued progress. Continue reading
Top Language Industry Quotes of 2019
From technology, markets, and M&A to investment and the competitive landscape, the language industry leaders we interviewed in 2019 commented on a wide range of issues. Here are our top picks. Continue reading
What We Learned From Listening in on the Straker Translations H1 2020 Investor Call
Straker Translations holds investor call to announce first-half 2020 results; eyes more acquisitions and strikes partnership with AppTek to expand media localization offering. Continue reading
Straker Translations Holds AGM, Reveals Which LSPs Are on M&A Radar
Nearly 300 small LSPs on Straker Translations’ M&A radar as the company provides strategy update at AGM. Shares rally as investors seem confident in buy-and-build plans. Continue reading
Straker Tucks in Spain’s On Global as It Continues to Buy Boutique LSPs
In its latest deal, Straker Translations could pay up to USD 2.1m for Spain-based boutique language service provider, On Global Language Marketing, to expand its presence in Europe. Continue reading
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Straker FY2019 Revenues Beat Forecast as Losses Narrow
Less red ink at New Zealand’s Straker Translations as annual revenues rise to USD 16.1m on the back of M&A-driven and organic growth. Continue reading
Straker Translations Shares Up 10% on Quarterly Results
Australia-listed LSP Straker Translations posts Q4 2019 earnings for period ending March 31, 2019. Sales up 48% on acquisitions, full-year revenues on track for USD 16.6m. Continue reading
Straker Acquires Madrid-based COM Translations
Straker Translations continues to bolt on niche language service providers as it acquires Spain’s COM Translations. Continue reading
Language Industry Top Quotes of 2018
From technology, markets, and M&A to investment and the competitive landscape, the language industry leaders we interviewed in 2018 commented on a wide range of issues - here are our top picks. Continue reading
Straker Says Their English to French Translators Now Average 1,000 Words Per Hour
After October IPO in Australia Straker Translations posts half-year results. Six months pro-forma revenues grew to USD 9.1m and adjusted EBITDA shows a slight profit. Company says their freelance... Continue reading
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