Record Operating Profit and Margin Expansion
Sage achieved a record operating profit of GBP529 million, with a margin expansion of 220 basis points to 22.7%.
Strong ARR and Revenue Growth
ARR increased by GBP230 million to GBP2.3 billion, up 11% year-over-year, with total revenue growth of 9% and recurring revenue growth of 10%.
Strong Cash Conversion
Excellent cash conversion of 123%, driven by growth in subscription revenue and effective working capital management.
Sage Business Cloud Revenue Growth
Sage Business Cloud revenue increased by 16%, with cloud-native revenue growing by 23%.
Expansion in North America
North America revenue surpassed GBP1 billion for the first time, primarily driven by a 12% growth in the Medium segment.
Successful Introduction of Sage Copilot
Introduced Sage Copilot, a Gen AI-powered digital assistant, with strong early engagement and plans for monetization.