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Sage Group Sees FY20 Recurring Rev Growth Of 8-9%
Elavon Says Co Acquires Sage Pay
Sage Group To Sell Sage Pay For 232 Mln Stg
The Sage Group plc is a United Kingdom-based company, which provides integrated accounting, payroll and payments solutions. The Company also provides the option of solutions hosted locally and accessed on-premise. The Company's segments include Europe, which consists of France, the United Kingdom and the Ireland, Spain, Germany, Switzerland, Poland, Portugal and Sagepay; and International, which consists of Brazil, Africa, Australia, the Middle East and Asia. It provides solutions that help businesses of all shapes and sizes to manage accounting and finances, manage payments, manage people and payroll, and manage the entire business. Its accounting solutions include sage One, sage Live and sage X3. Its payment solutions include sage Pay and sage Payments. Its payroll solutions include sage One Payroll, sage 50 Payroll and sage X3 People.
Software & Programming
North Park Avenue
Donald H. Brydon
Non-Executive Chairman of the Board
Chief Executive Officer, Chief Financial Officer, Executive Director
Executive Vice President - Customer Services
Chief Technology Officer
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British software company Sage <SGE.L> reported a 13% drop in full-year organic operating profit to 432 million pounds ($558 million) on Wednesday as its margin was squeezed by increased investment in its cloud and subscription products.
British software company Sage reported a 13% drop in full-year organic operating profit to 432 million pounds ($558 million) on Wednesday as its margin was squeezed by increased investment in its cloud and subscription products.
Software company Sage Group Plc <SGE.L> said on Monday it will sell its payment processing unit Sage Pay for about 232 million pounds ($296.87 million) to Elavon, a payments company and unit of U.S. Bancorp <USB.N>.
British software company Sage Group Plc said on Monday it will sell its payment processing unit Sage Pay for about 232 million pounds ($296.87 million) to Elavon, a payments company and unit of U.S. Bancorp.
The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Monday:
British software company Sage Group Plc <SGE.L> said on Monday it is evaluating a possible sale of Sage Pay, the company's payment processing unit.
British software company Sage Group Plc said on Friday it expects full-year organic recurring revenue growth to be at the top end of its previous forecast, following higher subscriptions.
British software company Sage on Friday said it expects full-year organic recurring revenue growth to be at the top end of its previous forecast, underpinned by higher software subscriptions.
Investors in British stocks turned their focus from political to company developments on Thursday as results from software firm Sage, Primark owner ABF, and bookmaker GVC triggered big moves and weak house sales data dented shares in housebuilders.
* Sage nabs top spot, up 5.7 pct after strong subscription growth
Britain's Sage <SGE.L> saw a 7.6 percent rise in first-quarter organic service revenue to 465 million pounds sending shares in the software company higher on Thursday.
British software company Sage said it had made a strong start to its financial year after its organic service revenue for the three months to end-December rose 7.6 percent to 465 million pounds ($598.5 million).
Sage Group Plc <SGE.L> said on Tuesday it would sell its U.S. payroll outsourcing business for 78 million pounds ($100.08 million) as part of the software provider's strategy to focus on subscription services by moving more products to the cloud.
The new boss of British software provider Sage <SGE.L> said he would focus on subscription services by moving more products to the cloud but said this would constrain revenue growth in the short term.
British software provider Sage posted annual organic revenue growth of 6.8 percent, broadly in line with a downgraded target, but said growth could slow in the short term as it accelerates a plan towards subscription services.
UK software firm Sage Group plc plumped for finance chief and interim chief operating officer Steve Hare as its new chief executive on Friday, tasking him with propping up slowing growth after the resignation of his predecessor.
Sage Group plc <SGE.L> has promoted finance chief and interim chief operating officer Steve Hare to succeed outgoing Chief Executive Stephen Kelly, effective immediately, the UK software firm said on Friday.
UK software firm Sage Group Plc announced the departure of Chief Executive Stephen Kelly on Friday, appointing an interim chief operating officer and starting the search for a successor as it seeks to prop up slowing growth.
Sage Group Plc Chief Executive Officer Stephen Kelly is set to leave the British software company in May next year, it said on Friday.
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.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.