Sage have just reported their annual results for the year ended September 2008. You can review the complete details on their investor page.
The parent company reported sales rose 7% overall for the year with an underlying 3% rise in net profie.
The chart at left displays Sage’s depiction of revenue growth. The Sage North America revenues (organic – meaning there are no recent acquistion revenue/loss results added or subtracted) contracted 3% when the Healthcare Division was added to the mix.
There’s more in a handy PDF summary file which I’ve included at the end of this article.
My notes from the PDF:
1% organic growth for Sage North America EXCLUDING Healthcare (which apparently means revenues contracted 4%) when Healthcare revenues are included there is a contraction of 3% (negative growth).
Business Management Division FLAT
– Peachtree FLAT
– Both MAS and Peachtree affected by market conditions
Industry & Specialized – up 3%
– Construction driven by support plan growth
– Non Profit continues to show good growth
Maintenance & Support is 52% of revenues
Launching integrated Software/Support model for Peachtree (I take this to mean support will bundle as is down with QBES)
Sage North America’s revenues breakout as follows:
Business Management – 47%
Industry Specific Solutions – 16%
Sage Healthcare – 28%
Sage Payment – 9%
http://www.investors.sage.com/files/presentation/31571/Final_presentation.pdf
via: ZDNET – Sage results show impact on SMB market
View the complete set of Sage official earnings release information on their site.
