Full Year Results 

Sage completes transformation

Sage completes transformation

Sage’s (SGE) full-year results showed positive momentum, with chief executive Stephen Kelly saying “customers are flocking to the Sage business cloud”. This has been no mean feat, given the company had little cloud presence back in 2014. The group’s transformation programme, announced in June 2015, is now complete and this seems to have paid off, with 6.6 per cent organic revenue growth in the 12 months to September, buoyed by 9 per cent recurring revenue growth.

To continue reading, subscribe today

and enjoy unlimited access to the following:

  • Tips of the Week
  • Funds coverage
  • Weekly features on big investment themes
  • Trading ideas
  • Comprehensive companies coverage
  • Economic analysis
Subscribe
Subscribe to Investors Chronicle

Subscribe today

Full access for just £3.37 a week:

• Tips and recommendations - to beat the market 
• Portfolio clinic & Mr Bearbull - build a well-planned portfolio 
• Expert tools - track and manage investments effortlessly
• Plus free delivery to your home or office

Subscribe Now