Sage financial targets achieved with momentum for sustainable growth

Sage is the market leader for integrated accounting, payroll and payment systems, supporting the ambition of the world’s entrepreneurs. Sage began as a small business in the UK 30 years ago and over 13000 colleagues now support millions of entrepreneurs across 23 countries as they power the global economy.

Sage International Headlines:

–          Organic revenue grew strongly in the International region (Brazil, Africa, Australia, Middle East and Asia) at 14% (FY14: 11%).

–         Double-digit growth performance maintained in Africa:

Organic revenue of £92m for Africa represents sustained organic growth of 16% (FY14 15%), supported by double-digit organic growth in Processing and Recurring revenue.

The Enterprise market in Africa continues to perform well, with all key products delivering double digit growth.

The contribution of revenue from sales outside of South Africa supported the result, representing 15% of total Africa revenue and growing 22% organically (FY14: 22%).

33% revenue growth for Sage X3 for Sage International.

Source: Sage

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