December
03

Sage reports annual earnings

Posted By: Wayne Schulz    



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. Sage 50, Sage 100, Sage 300 and Sage 500 are registered trademarks of Sage. Have additional unanswered questions about MAS90? You may contact Schulz Consulting here.

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About

This entry was written by a Sr Consultant who has worked with Sage 100 ERP ( Formerly Sage MAS 90 and MAS 200) since 1986. He provides technical support to companies located throughout the United States on all versions of Sage 100 ERP Contact Wayne via our info request page.The views expressed on this site are solely those of the author and do not reflect the opinion or position of any other person or company. We are NOT in the business of providing tax, accounting or audit advice and you are advised to consult with your tax professional in such matters and not to rely on any information here as authoritative tax, technology or accounting advice. Information is subject to change without notice. Google+

Filed Under Sage 100, Sage software 

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