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Sage Group sees FY revenue growth to be slightly above previous guidance
Sage Group Says Disposal Of Businesses In Asia, Australia To Access Group Completed
Sage Group To Sell Swiss Business
Sage Group plc is a United Kingdom-based company, which provides accounting and business management software. The Company’s segments include Northern Europe, Central and Southern Europe and North America. The Company offers software and services for small or medium business, people and payroll, business management, payments and banking, and accountants and partners. Its accounting, finance and payroll solutions include Accounting, Sage 50cloud Accounting, Sage Timeslips, Sage HR, Sage X3 and Sage Intacct. Its construction and real estate solutions include Sage Intacct Construction, Sage 100 Contractor and Sage 300 CRE. Its business management solutions include Sage X3, Sage 100cloud, Sage 300cloud and Sage Fixed Assets. Its human resources and customer relationship management (CRM) solutions include Sage HRMS, Sage People and Sage CRM.
Software & Programming
North Park Avenue
Donald H. Brydon
Non-Executive Chairman of the Board
Chief Executive Officer, Chief Operating Officer, Executive Director
Jonathan A. G. Howell
Chief Financial Officer, Executive Director
Chairman Mid-Market Solutions
Chief Operating Officer
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* FTSE 100 up 0.3%, FTSE 250 flat (Adds comment; updates to close)
Sage Group's <SGE.L> sales to new customers in April were roughly half the level expected as it felt the effects of a sharp economic downturn caused by the coronavirus pandemic.
Sage Group said it was starting to see the broader effects of a sharp economic downturn caused by the coronavirus pandemic, with new customer acquisition in April roughly half the level expected, as it reported progress in its first half.
* SAGE GROUP - OUR BUSINESS OPERATIONS HAVE CONTINUED WITH MINIMAL DISRUPTION TO DATE,
Software group Sage said on Monday revenue growth will be below its previous targets and suspended a 250-million pound share buyback, as it looks to shore up its liquidity during the coronavirus pandemic.
British software company Sage Group said on Wednesday it has suspended its share buyback plan to preserve liquidity following the coronavirus pandemic.
* IN LIGHT OF CURRENT COVID-19 PANDEMIC, IT HAS DECIDED TO SUSPEND ITS RECENTLY ANNOUNCED SHARE BUY-BACK PROGRAMME
British software company Sage reported a 13% drop in full-year organic operating profit to 432 million pounds ($558 million) on Wednesday as its margin was squeezed by increased investment in its cloud and subscription products.
Software company Sage Group Plc <SGE.L> said on Monday it will sell its payment processing unit Sage Pay for about 232 million pounds ($296.87 million) to Elavon, a payments company and unit of U.S. Bancorp <USB.N>.
British software company Sage Group Plc said on Monday it will sell its payment processing unit Sage Pay for about 232 million pounds ($296.87 million) to Elavon, a payments company and unit of U.S. Bancorp.
The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Monday:
British software company Sage Group Plc <SGE.L> said on Monday it is evaluating a possible sale of Sage Pay, the company's payment processing unit.
British software company Sage Group Plc said on Friday it expects full-year organic recurring revenue growth to be at the top end of its previous forecast, following higher subscriptions.
British software company Sage on Friday said it expects full-year organic recurring revenue growth to be at the top end of its previous forecast, underpinned by higher software subscriptions.
* Primark owner ABF nabs top spot after results (Updates prices)
* Sage nabs top spot, up 5.7 pct after strong subscription growth
British software company Sage said it had made a strong start to its financial year after its organic service revenue for the three months to end-December rose 7.6 percent to 465 million pounds ($598.5 million).
Sage Group Plc <SGE.L> said on Tuesday it would sell its U.S. payroll outsourcing business for 78 million pounds ($100.08 million) as part of the software provider's strategy to focus on subscription services by moving more products to the cloud.
The new boss of British software provider Sage said he would focus on subscription services by moving more products to the cloud but said this would constrain revenue growth in the short term.
British software provider Sage posted annual organic revenue growth of 6.8 percent, broadly in line with a downgraded target, but said growth could slow in the short term as it accelerates a plan towards subscription services.
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