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Sage Group sees revenues rise amid 'strong' demand
['Bdaily Business News', 'Published By']
Bdaily
Sage Group sees revenues rise amid 'strong' demandA North East-founded international software firm has cheered “strong” demand after seeing revenues rise.
Sage Group saw total revenues increase 11 per cent to £2.06 billion in the nine months to June 30.
Bosses say the uptick was fuelled by demand for its Sage Intacct accounting platform and further software helping SMEs manage finance, payroll and HR.
European revenues increased seven per cent to £528 million, thanks to clamour for the company’s Sage X3 and Sage 200 business management platforms.
Sage Group listed on the London Stock Exchange in 1989 and began entering international markets in earnest from the early 1990s.