Sage Group had a good FY2014/15 which included solid organic revenue growth (+6%) and an improved organic operating margin (+0.6pts to 27.1% of revenue). There were also favourable figures related to the strategic achievements. Finally, the total dividend is 13.1p/share (+8%), o/w a final dividend of 8.65p/share. This is in line with our expectation. There were some changes in the revenue reporting/accounting, o/w the reclassification of some software and software related services (SSRS) reve

02 Dec 2015
Organic growth target achieved

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Organic growth target achieved
Sage Group plc (SGE:LON) | 1,202 -312.5 (-2.1%) | Mkt Cap: 11,684m
- Published:
02 Dec 2015 -
Author:
Hélène Coumes -
Pages:
3 -
Sage Group had a good FY2014/15 which included solid organic revenue growth (+6%) and an improved organic operating margin (+0.6pts to 27.1% of revenue). There were also favourable figures related to the strategic achievements. Finally, the total dividend is 13.1p/share (+8%), o/w a final dividend of 8.65p/share. This is in line with our expectation. There were some changes in the revenue reporting/accounting, o/w the reclassification of some software and software related services (SSRS) reve