In its Interim Management Statement (April-June 2015), Sage Group mentioned organic revenue growth of 7.5% in Q3 14/15 and 6.6% on 9 months in 2014/15. Management confirmed the target of 6% organic revenue growth and an operating margin of 28% of revenue in FY2014/15. During Q3 15, Sage Group paid a dividend of £48m. There was no repurchase of shares. Net debt amounted to £467m on 30 June 15 (vs £510m on 31 March 2015 and £345m on 30 June 2014).
                    22 Jul 2015 
Growing trend is continuing
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Growing trend is continuing
Sage Group plc (SGE:LON) | 1,157 -162 (-1.2%) | Mkt Cap: 11,147m
- Published: 
22 Jul 2015  - 
                                            
                                            
                                            Author:
                                                
Hélène Coumes  - 
                                            
                                            Pages:
                                                
2  - 
                                            
                                         
In its Interim Management Statement (April-June 2015), Sage Group mentioned organic revenue growth of 7.5% in Q3 14/15 and 6.6% on 9 months in 2014/15. Management confirmed the target of 6% organic revenue growth and an operating margin of 28% of revenue in FY2014/15. During Q3 15, Sage Group paid a dividend of £48m. There was no repurchase of shares. Net debt amounted to £467m on 30 June 15 (vs £510m on 31 March 2015 and £345m on 30 June 2014).