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The Sage Group plc (SGE.L)

LSE - LSE Delayed price. Currency in GBp (0.01 GBP)
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734.00-2.80 (-0.38%)
As of 11:26AM BST. Market open.

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  • M
    Sage lifts dividend as recurring revenue rises 8.5%

    (Sharecast News) - Accounting software firm Sage lifted its dividend as it reported a 8.5% rise in organic recurring revenue to £1.6bn, driven by growth from existing and new customers, in North America and Northern Europe.
    Total revenue rose 3.7% to £1.76bn. Sage said the result was underpinned by software subscription revenue growth of 20.5% to £1.14bn. Sage guided for organic recurring revenue growth for fiscal 2021 to be 3% - 5%, weighted towards the second half of the year.

    Statutory revenue for the year to September 30 fell 1.7% to £1.90bn. The full-year dividend was increased 2% to 17.25p a share.

    Organic operating profit fell 3.7% to £391m, reflecting investment in cloud services and a £17m bad debt provision for Covid-19.
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    Financial Results Announcements
    Financial Results Announcements
  • P
    Paul Mc
    ex dividend in 8 days... good value?
  • l
    Get our FREE GUIDE to learn how to protect your money from the new laws today! (
  • W
    Wizzwozzer Dubz
    Anyone else pick up some of these last week? Im calling it - S Club GOATS
  • M
    Sage Group inks deal for sale of Polish business
    2020-12-09 08:45:00
    The software firm has agreed to sell the business to private equity group Mid Europa Partners for £66mln in cash
    The Sage Group PLC - Sage Group inks deal for sale of Polish business

    Sage Group PLC (LON:SGE) said it has entered an agreement to sell its Polish business to private equity firm Mid Europa Partners after saying the business had been held for sale in its results in November.

    The FTSE 100 software firm said it will be paid £66mln in cash for the business, payable on completion of the transaction which is expected in early 2021.
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    Paul Mc
    Nice week so far. keep it going Sage.
  • w
    Yearly revenue slightly down? Only Cloud company to do that. Everyone else having huge revenue increases.
  • A
    I got more sage than Alan Titchmarsh's herb garden
  • Y
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  • R
    when is the Q2 earnings call ?
  • S
    Sir Royston
    This is one of my better judgements. Long may it continue.
  • M
    time to buy!
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  • D
    Haven’t seen a board this empty before
  • M
    Can’t seem to find the stock on Charles schwab
  • S
    Buy? Or not buy? That’s the question . Your views ?
  • A
    this stock is so boring and I love that....load up on the dips
  • r