Organic recurring revenue grew by 8% in Q1 21/22. This is a positive achievement. It corresponds to the low-end of 2021/22 guidance (+8-9%). There is no slowdown in Annualised Recurring Revenue growth. During the quarter, organic recurring growth was driven by the migration of existing customers to subscription and the gain of new customers. North America and the UK/Ireland were the best performers. Sage Group confirmed guidance and that it is on track with its goal of organic operating margin i ....
