Sage Group PLC (SGE.L)
LONDON 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.
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.
* NO MATERIAL CHANGES TO FINANCIAL INFORMATION OR GUIDANCE CONTAINED IN ANNOUNCEMENT MADE ON 13 APRIL 2018
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.
* Hammerson drops after Klepierre abandons bid (Adds closing prices)
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.
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.
* H1 organic revenue growth slows to 6.3 pct vs 7.4 pct (Adds share movement, analyst comment, details on H1 revenue growth)
* 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
Earnings vs. Estimates
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