Sage Group reports strong year, launches share buyback
22nd Nov 2023 07:27
(Sharecast News) - Accounting software firm Sage Group reported underlying recurring revenue growth of 12% in its full-year results on Wednesday, reaching £2.096bn, driven by 25% growth in Sage Business Cloud to £1.628bn.
Read moreLondon close: Stocks slip on rising oil price concerns
6th Sep 2023 17:43
(Sharecast News) - London's stock markets closed in negative territory on Wednesday, as a significant rise in oil prices fuelled investor concerns over inflation.
Read moreJP Morgan sees huge potential for Sage Intacct
6th Sep 2023 08:27
(Sharecast News) - JP Morgan has placed Sage on its "positive catalyst watch" ahead of the accounting software group's fourth-quarter results in November, where it expects to see solid growth with its cloud finance offering Intacct.
Read moreSage reiterates FY guidance as nine-month revenues jump
27th Jul 2023 08:30
(Sharecast News) - Software firm Sage Group reiterated its guidance for the year as it reported a jump in revenue for the first nine months of the year.
Read moreSage Group buoyant after strong first half
17th May 2023 10:04
(Sharecast News) - Accounting software specialist Sage Group reported a significant increase in underlying recurring revenue in its first half on Wednesday, driven by robust growth in Sage Business Cloud.
Read moreDirector dealings: Sage Group director makes share purchase
9th Feb 2023 15:09
(Sharecast News) - Sage Group revealed on Thursday that non-executive director Roisin Donnelly had acquired 10,000 ordinary shares in the FTSE 100-listed software group.
Read moreSage hails strong start to the year
19th Jan 2023 07:02
(Sharecast News) - Sage Group reiterated full-year guidance on Thursday, after the technology firm said it had seen a strong start to the year.
Read moreUBS downgrades Sage to 'sell'
20th Dec 2022 15:47
(Sharecast News) - UBS downgraded software firm Sage to 'sell' from 'neutral' on Tuesday and cut the price target to 720p from 745p as it argued that margin pressures were set to persist.
Read moreDeutsche Bank upgrades Sage to 'hold'
23rd Nov 2022 10:02
(Sharecast News) - Detusche Bank upgraded Sage on Wednesday to 'hold' from 'sell' and hiked the price target to 800p from 590p as it said the software firm was turning a corner but areas of uncertainty remain.
Read moreCanaccord raised target for Sage on 'pretty good' visibility
17th Nov 2022 09:00
(Sharecast News) - Analysts at Canaccord Genuity revised their target price for shares of accounting software designer Sage after the company guided towards an acceleration in recurring revenues to over 9% for the current year.
Read moreSage makes 'significant strategic progress' as revenue rises
16th Nov 2022 07:16
(Sharecast News) - Sage described "significant strategic progress" in its full-year results on Wednesday, as revenue rose 5% to £1.95bn, and organic total revenue advanced 6% to £1.92bn.
Read moreCanaccord Genuity upgrades Sage to 'buy'
4th Aug 2022 10:01
(Sharecast News) - Analysts at Canaccord Genuity upgraded software firm Sage from 'hold' to 'buy' on Thursday, stating the group was "more resilient than you think".
Read moreSage FY revenues seen at top end of guidance
2nd Aug 2022 07:14
(Sharecast News) - Software group Sage said on Tuesday that it had "performed strongly" in the first nine months of the year, with momentum continuing to build and full-year revenues seen at the top end of its guidance range.
Read moreSage reports flat H1 profits, sees margin rise
13th May 2022 07:48
(Sharecast News) - Company software provider Sage Group reported flat interim profits and revenue as organic growth in all regions was offset by disposals and foreign exchange headwinds.
Read moreSage group revenues improve in Q1 as recurring revenues grow £31m
26th Jan 2022 07:15
(Sharecast News) - Software firm Sage said on Wednesday that total revenues had grown in the three months ended 31 December thanks to a £31.0m jump in recurring revenues.
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