Sage Group posted rather good business development in Q1 18/19. Organic revenue grew by +7.6% and was sustained by strong recurring revenue growth of +10.5% (vs +7% in Q1 17/18). Although this has to be tempered by the favourable comparative yoy, it is a good start to FY2018/19.
17 Jan 2019
Good start to FY2018/19
Sign up to access
Get access to our full offering from over 100 providers
Get access to our full offering from over 100 providers
Good start to FY2018/19
Sage Group plc (SGE:LON) | 1,071 58.9 0.5% | Mkt Cap: 10,269m
- Published:
17 Jan 2019 -
Author:
Hélène Coumes -
Pages:
3 -
Sage Group posted rather good business development in Q1 18/19. Organic revenue grew by +7.6% and was sustained by strong recurring revenue growth of +10.5% (vs +7% in Q1 17/18). Although this has to be tempered by the favourable comparative yoy, it is a good start to FY2018/19.