Straker Sees Q2 FY23 Topline Growth Easing Amid ‘Adverse Trading Conditions’
Straker posts revenue growth of 19% driven by acquisitions but slowed by macro environment. Bags new United Nations contract as it continues to integrate Idest.
Grant Straker
Straker Translations Posts Solid Q1 FY23 as M&A Integrations Drive Margins
Straker Translations Q1 FY23 revenues up 66% versus same period last year. Sydney-listed LSP stays on track to deliver on guidance despite some weakness in Europe.
IBM Is Now a USD 15 Million Account for Straker Translations
Sydney-listed language service provider, Straker Translations, announces extension of IBM contract. Market reacts favorably.
Straker’s ‘Vintage Year’ — Revenues Increase by 79% Beating Guidance
Language services provider Straker tops guidance, reporting unaudited full year revenues of USD 36m. Annualized revenue by Project Manager crosses USD 0.5m.
SlatorCon Keynote Speakers Discuss Translation Innovation, Media Localization Trends
CEOs Grant Straker (Straker Translations) and Cyril Drabinsky (Deluxe) cited investment in internal technology as a key factor in their success.
Slator Pro Guide: Finding Growth in Adjacent Services
Pro Guide for LSPs to identify growth opportunities in adjacent services. Profiles 15 adjacent services, analyzing barriers to entry, risks, and synergies.
Straker’s Revenues Double in Third Quarter of 2022 on M&A, Organic Growth
New Zealand-based language service provider (LSP) Straker roughly doubles quarterly revenues vs. the prior year, and sets its sights on Europe’s public sector after IDEST acquisition.
Straker Translations Expands in Europe With Idest Acquisition
Straker Translations continues acquisition strategy by buying Belgium-based language service provider IDEST for up to EUR 4.5m.
Straker Posts Strong Second Quarter FY22 as IBM Now Orders 10M Words Monthly
New Zealand-headquartered language service provider Straker Translations reports 66% growth in Q2 FY22, with adjusted EBITDA turning positive in the month of September.
Straker Translations Chairman and CEO on Recurring Revenues, Margin Dip, Lingotek
Lingotek acquisition supports Straker Translations’ full-year results as New Zealand LSP posts close to 50% revenue growth to USD 29m for the full year ended June 30, 2021.
IBM Drives Strong First Quarter for Straker Translations
New Zealand-headquartered language service provider Straker Translations reports 49% growth in Q1 FY22, as Lingotek adds first full-quarter reporting and IBM boosts revenues.
Why Shares in Straker Translations Climbed to All-time High
Shares in Straker Translations climbed 14% the day they announced results for the fiscal year ended March 31, 2021. LSP plans SaaS subscription push among technology customers.
Lingotek Acquisition and IBM Win Deliver Q4 Growth for Straker
Australia-listed language service provider Straker Translations credits “high-margin” Lingotek acquisition and IBM win for strong March and growth in Q4 2021.
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.
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.
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.
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.
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.
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.
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.
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.
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