House & Home
Fri, March 7, 2025
Thu, March 6, 2025
Fri, January 24, 2025
Thu, January 23, 2025Thu, December 19, 2024
Wed, December 18, 2024
Mon, December 16, 2024
Fri, December 13, 2024
Thu, December 12, 2024
Wed, December 11, 2024
Tue, December 10, 2024
Thu, December 5, 2024
Tue, December 3, 2024
Fri, November 29, 2024
Thu, November 28, 2024Wed, November 27, 2024Mon, November 25, 2024Sun, November 24, 2024Tue, November 12, 2024Wed, December 14, 2016Thu, November 3, 2016Thu, October 6, 2016Wed, October 5, 2016Thu, September 29, 2016Thu, September 22, 2016Wed, September 21, 2016Tue, September 20, 2016Fri, September 16, 2016Thu, September 15, 2016Wed, September 14, 2016Tue, September 13, 2016Thu, May 9, 2013Wed, May 8, 2013Tue, May 7, 2013Mon, May 6, 2013Fri, May 3, 2013Thu, May 2, 2013Wed, May 1, 2013Tue, April 30, 2013Mon, April 29, 2013Fri, April 26, 2013Thu, April 25, 2013Wed, April 24, 2013Tue, April 23, 2013Mon, April 22, 2013Sun, April 21, 2013Fri, April 19, 2013Sage North America Reports First Half 2013 Results
//house-home.news-articles.net/content/2013/05/0 .. rth-america-reports-first-half-2013-results.html
Published in House and Home on Wednesday, May 8th 2013 at 9:15 GMT by Market Wire🞛 This publication is a summary or evaluation of another publication
May 08, 2013 12:00 ET
Sage North America Reports First Half 2013 Results
IRVINE, CA--(Marketwired - May 8, 2013) - Sage North America, part of the Sage Group plc (
UK-based The Sage Group plc reported global revenues of $US 1.12 billion for the half year ended March 31, 2013, an organic increase of 3%* over the same prior year period (at constant exchange rates). EBITA** was $301.6 million, or 27% margin, compared with 27%* in H1 2012.
Last July, Sage outlined a new global strategy, with the intention of growing the Sage brand worldwide. With an agenda driven by innovation to respond to customer needs, the company focused on its core market set -- accounting, ERP, payroll, business management, and adjacent products and services, such as payments.
"Under a unified Sage brand, we are taking cues from our customers, innovating based on their feedback, and working to deliver the products and services small and medium sized businesses need to most effectively manage their operations and realize their business ambitions," said Sage North America President and CEO, Pascal Houillon. "Execution of our strategy is paying off, with solid revenue growth of 4% in North America in the first half of FY 2013."
Furthering this strategy in North America, in H1, Sage centralized R&D under chief technology officer and head of product strategy Himanshu Palsule. New products and enhancements during the period included new connected services and mobility enhancements across the company's business management solutions portfolio plus new payments services. In February, the company divested its non-profit, ACT! and SalesLogix businesses, also in alignment with this strategy.
Sage North America has continued to focus on delivering practical solutions to help small and medium sized businesses streamline their operating processes; especially important to customers as they emerge from a challenging economic environment.
*Results are in USD using an annual average exchange rate of $1.58 USD per GBP.
**EBITA is defined as earnings before interest, tax and amortization of acquired intangible assets.
About Sage
The Sage Group plc is a leading global provider of business management software to small and medium sized companies, creating greater freedom for them to succeed. Sage understands how and why each business is unique. We provide products and services that suit varying needs, are a pleasure to use and are secure and efficient. Formed in 1981, Sage was floated on the London Stock Exchange in 1989 and entered the FTSE 100 in 1999. Sage has over 6 million customers and more than 13,380 employees in 24 countries covering the UK & Ireland, mainland Europe, North America, South Africa, Australia, Asia, and Brazil. For further information please visit [ www.sage.com ].
For more information about Sage in North America, please visit the company website at [ NA.Sage.com ]. Follow Sage North America on Facebook, [ Facebook.com/SageNorthAmerica ], and Twitter, [ Twitter.com/SageNAmerica ]
©2013 Sage Software, Inc. All rights reserved. Sage, the Sage logos, and the Sage product and service names mentioned herein are registered trademarks or trademarks of Sage Software, Inc. or its affiliated entities. All other trademarks are the property of their respective owners.