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Sage Group PLC (SGE.L)

SGE.L on London Stock Exchange

665.80GBp
17 Aug 2018
Change (% chg)

1.40 (+0.21%)
Prev Close
664.40
Open
662.60
Day's High
668.80
Day's Low
661.80
Volume
1,993,838
Avg. Vol
3,353,239
52-wk High
825.20
52-wk Low
536.20

Latest Key Developments (Source: Significant Developments)

Sage Group Says Partnering With Paypal To Enable Faster Payment Options
Wednesday, 23 May 2018 

May 23 (Reuters) - PayPal Holdings Inc ::SAGE GROUP PLC - IS PARTNERING WITH PAYPAL TO ENABLE FASTER AND SIMPLER PAYMENT OPTIONS..SAGE GROUP PLC - INTEGRATION IS CURRENTLY LIVE IN UNITED STATES, CANADA, GERMANY AND UK..  Full Article

Sage Group Trims FY18 Revenue Guidance
Friday, 13 Apr 2018 

April 13 (Reuters) - Sage Group PLC ::H1 18 ORGANIC REVENUE GROWTH RESULTS WERE BELOW MANAGEMENT'S EXPECTATIONS.FY18 GUIDANCE REVISED FROM AROUND 8% ORGANIC REVENUE GROWTH TO AROUND 7% ORGANIC REVENUE GROWTH.GROUP ORGANIC REVENUE INCREASED BY 6.3% (H1 17: 7.4%) FOR FIRST SIX MONTHS OF YEAR..H1 ORGANIC RECURRING REVENUE GROWTH OF 6.4% (H1 17: 11.1%).TERM GUIDANCE REMAINS ORGANIC REVENUE GROWTH WILL REACH 10% ON A SUSTAINABLE BASIS.  Full Article

Sage posts 6 pct Q1 revenue growth, in line with expectations
Wednesday, 24 Jan 2018 

Jan 24 (Reuters) - Sage Group Plc ::‍GROUP ORGANIC REVENUE 1 INCREASED BY 6.3% FOR FIRST THREE MONTHS OF YEAR.​.‍ORGANIC RECURRING REVENUE GREW BY 7%, UNDERPINNED BY SOFTWARE SUBSCRIPTION GROWTH OF 26%​.‍Q1 RESULTS ARE IN LINE WITH OUR EXPECTATIONS​.‍WE EXPECT ACCELERATION THROUGHOUT YEAR INCLUDING A STRONGER Q2 AND WE REITERATE OUR FULL YEAR GUIDANCE OF AROUND 8% ORGANIC REVENUE GROWTH AND AROUND 27.5% ORGANIC OPERATING MARGIN FOR FY18​.  Full Article

Sage Group sells U.S. payments unit for $260 mln
Friday, 2 Jun 2017 

June 2 (Reuters) - Sage Group Plc ::Disposal of North American payments business.Announces sale of its North American payments business to GTCR LLC.Says enterprise valuation for transaction is $260 mln of which $240 mln is payable as cash on completion and remaining $20 mln as deferred consideration.Transaction is subject to certain completion conditions and is expected to complete in next 3 months.Proceeds will be used to reduce net debt and invested in growth.  Full Article

Software group Sage tackles sales issues, confident of targets

LONDON, May 2 British software company Sage said it was getting to grips with the sales execution problems that hampered its first-half performance and it was "very confident" of meeting its revised targets.