Sage reports annual earnings

Posted By: Wayne Schulz - Contact the author

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Sage have just reported their annual results for the year ended September 2008. You can review the complete details on their investor page.

The parent company reported sales rose 7% overall for the year with an underlying 3% rise in net profie.

The chart at left displays Sage’s depiction of revenue growth. The Sage North America revenues (organic – meaning there are no recent acquistion revenue/loss results added or subtracted) contracted 3% when the Healthcare Division was added to the mix.

There’s more in a handy PDF summary file which I’ve included at the end of this article.

My notes from the PDF:
1% organic growth for Sage North America EXCLUDING Healthcare (which apparently means revenues contracted 4%) when Healthcare revenues are included there is a contraction of 3% (negative growth).

Business Management Division FLAT
- Peachtree FLAT
- Both MAS and Peachtree affected by market conditions

Industry & Specialized – up 3%
- Construction driven by support plan growth
- Non Profit continues to show good growth

Maintenance & Support is 52% of revenues

Launching integrated Software/Support model for Peachtree (I take this to mean support will bundle as is down with QBES)

Sage North America’s revenues breakout as follows:

Business Management – 47%
Industry Specific Solutions – 16%
Sage Healthcare – 28%
Sage Payment – 9%

http://www.investors.sage.com/files/presentation/31571/Final_presentation.pdf

via: ZDNET – Sage results show impact on SMB market

View the complete set of Sage official earnings release information on their site.

© 2008, Wayne Schulz. All rights reserved. Limited use is allowed provided you included the following link back to our site “Via: Schulz Consulting Sage MAS90 & MAS200 Consulting”

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