• Reuters - UK Focuslast month

    BUZZ-Top of the Street: Aegon, Sage, Ferrari

    A round-up of notable broker activity this morning from Europe's top-ranked* analysts: ** Societe Generale cuts Aegon to "hold" & reduces earnings forecasts for co which it says is the most negatively ...

  • Reuters - UK Focus8 months ago

    Ex-divs to take 1.7 points off FTSE 100 on Feb.9

    The following FTSE 100 companies will go ex-dividend on Thursday, after which investors will no longer qualify for the latest dividend payout. According to Reuters calculations at current market prices, ...

  • Reuters - UK Focus9 months ago

    Sage Group hit by underperforming U.S. payments business

    Shares (Berlin: DI6.BE - news) in Sage Group (LSE: SGE.L - news) fell nearly 6 percent on Thursday after the British software company said a disappointing performance by its U.S. payments business hit its first quarter results and that it might sell the division. In a quarterly trading update, Sage said it also saw a marked decline in revenue from its software and software-related services (SSRS) division in France in its first quarter, which ended on Dec (Shanghai: 600875.SS - news) . Revenue from U.S. payments showed a slight decline in the quarter and the company said it was reviewing options for the U.S. payments business, including a possible sale.

  • Reuters - UK Focus9 months ago

    Sage Group says exploring possible sale of U.S. payments business

    British software firm Sage Group (LSE: SGE.L - news) is reviewing options for its underperforming U.S. payments business, including a possible sale, the company said in a first-quarter trading statement on Thursday. Sage said the performance of the business was broadly in line with expectations in the three months ended Dec (Shanghai: 600875.SS - news) . 31, with all countries meeting or exceeding their targets except the United States, where revenue in its sales business fell, and France, which saw a marked decline in revenue and software and software-related services (SSRS).

  • Reuters - UK Focus10 months ago

    UK's Sage says may sell North American payments business

    British software company Sage Group is evaluating potential strategic options for its North American payments business, including a sale, it said on Wednesday. The firm, which was responding to recent ...

  • Reuters - UK Focus11 months ago

    UK's Sage operating profit up 9 pct as subscriptions rise

    Software (IOB: 0NJS.IL - news) company Sage said a rise in the number of customers subscribing to its cloud-based small business accounting software helped full-year operating profit increase 9 percent. Chief Executive Stephen Kelly said it was a "solid set" of numbers, underpinned by 10.4 percent growth in recurring revenue. Sage met forecasts with a 9 percent rise in full-year operating profit to 427 million pounds ($532 million) for the year to end-September on organic revenue up 6.1 percent at 1.57 billion pounds.

  • Reuters - UK Focus11 months ago

    Subscriptions help Sage report 9 pct rise in operating profit

    Software company Sage met forecasts with a 9 percent rise in full-year operating profit to 427 million pounds , helped by a rise in subscription sales of its programmes that help small enterprises manage ...

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