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Sage reports annual earnings

December 3, 2008 by Wayne Schulz

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.

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Filed Under: Sage 100 ERP, Sage software Tagged With: sage earnings, sage north america earnings, Wayne Schulz

About Wayne Schulz

Wayne Schulz is a Sage 100 Consultant located in Connecticut. He has worked with Sage 100 and Sage 100cloud ( Formerly Sage MAS 90 and MAS 200) since 1986 and provides advanced Sage 100 technical support to companies located in Connecticut, Massachusetts, Rhode Island, New York and throughout the United States. If you are experiencing an issue with Sage 100, and would like to schedule a support session - please request assistance here or call 833-724-3100.

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