Member Article

Sage continue to thrive in the Americas

Accounting software giant Sage Group plc say trading has been good since October, particularly in the Americas.

The group said legislative changes in the UK, Ireland and Europe have driven good performance, despite difficulties in the undertaking of larger IT projects in Spain and France.

In North America the firm saw customers moving to premium services and also noted the popularity of its Sage ERP X3product.

Since the end of 2013 5.7 million shares in Sage have been repurchased for a consideration of £19.1 million.

Guy Berruyer, chief executive, said: “Our performance in the first quarter is in-line with our expectations, with good growth maintained across all regions.

“Through continued focus on our strategic cornerstones, we remain on course to deliver on our 6% organic revenue growth target in 2015, and anticipate making further progress during the year ahead.”

This was posted in Bdaily's Members' News section by Tom Keighley .