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United Kingdom

Sage Group PLC (SGE.L)

SGE.L on London Stock Exchange

627.60GBp
4:35pm BST
Change (% chg)

-4.80 (-0.76%)
Prev Close
632.40
Open
629.00
Day's High
631.00
Day's Low
625.80
Volume
3,069,105
Avg. Vol
3,503,284
52-wk High
825.20
52-wk Low
536.20

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Fri, Apr 13 2018

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FTSE under pressure as Sage sinks

LONDON A plunge in software firm Sage's shares put pressure on Britain's top share index on Friday, while a rising pound weighed on big overseas earners.

UPDATE 1-Britain's FTSE under pressure as Sage sinks

* Hammerson drops after Klepierre abandons bid (Adds closing prices)

Britain's FTSE under pressure as Sage sinks

LONDON, April 13 A plunge in software firm Sage's shares put pressure on Britain's top share index on Friday, while a rising pound also weighed on big overseas earners.

Software maker Sage warns on full-year sales, shares tank

British software maker Sage warned it would not meet its full-year sales target after a disappointing first half it blamed on "execution issues" and weak UK subscription sales, sending its shares down as much as 20 percent on Friday.

UPDATE 2-UK software maker Sage warns on full-year sales, shares tank

* H1 organic revenue growth slows to 6.3 pct vs 7.4 pct (Adds share movement, analyst comment, details on H1 revenue growth)

BRIEF-Sage Group Trims FY18 Revenue Guidance

* H1 18 ORGANIC REVENUE GROWTH RESULTS WERE BELOW MANAGEMENT'S EXPECTATIONS

BRIEF-Sage Group Says Over Next 3 Years, Organic Revenue Growth Will Reach 10 Pct On A Sustainable Basis​

* ‍PROVIDES MID-TERM GUIDANCE THAT OVER NEXT THREE YEARS, ORGANIC REVENUE GROWTH WILL REACH 10% ON A SUSTAINABLE BASIS​

BRIEF-Sage posts 6 pct Q1 revenue growth, in line with expectations

* ‍GROUP ORGANIC REVENUE 1 INCREASED BY 6.3% FOR FIRST THREE MONTHS OF YEAR.​

UK social housing deal with private equity giant sparks fears for tenants

LONDON, Jan 4 (Thomson Reuters Foundation) - Private equity giant Blackstone has struck a deal with UK social housing association Sage, sparking fears from campaigners that it will price out low-earning, elderly and sick tenants.

Software firm Sage sees faster growth after 10 percent profit rise

LONDON British software firm Sage reported a 10 percent rise in organic operating profit to 475 million pounds and said its top-line growth would accelerate to 8 percent this year from 6.6 percent a year earlier.

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