Strong Revenue Growth
Sage achieved total revenue growth of 9%, with recurring revenue growing by 10%.
Operating Margin Expansion
Operating profit margin increased to 23.2%, an expansion of 140 basis points.
EPS Increase
Earnings Per Share (EPS) increased by 17%.
Cash Conversion
The company delivered cash conversion of 115%, driven by growth in subscription revenue.
Cloud Product Growth
Sage Business Cloud revenue increased by 13%, with cloud native revenue up 22%.
Regional Performance
North America delivered revenue growth of 11%, UKIA grew by 9%, and Europe by 8%.
Sage Intacct Growth
In the UKIA region, Sage Intacct's revenue increased by over 60%.
Sage Copilot Success
Sage Copilot is driving productivity and insights, available to 40,000 customers in the UK.
Share Buyback Program
Announced a 200 million extension to the share buyback program.