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SGE 17:02

Sage Group PLC

Director/PDMR Shareholding

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Sage announces that, on 3 February 2025, the undernoted persons discharging managerial responsibilities for Sage (each a "PDMR") acquired ordinary shares of 14/77 pence each in Sage at the <mark style="background-color:yellow">purchase</mark> price set out below, in accordance with the rights they acquired under the Sage Colleague Share Purchase Plan (the "CSPP") on 1 August 2024 to purchase such ordinary shares.

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SGE 17:02

Sage Group PLC

Director/PDMR Shareholding

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Sage announces that, on 3 February 2025, the undernoted persons discharging managerial responsibilities for Sage (each a "PDMR") acquired ordinary shares of 14/77 pence each in Sage at the <mark style="background-color:yellow">purchase</mark> price set out below, in accordance with the rights they acquired under the Sage Colleague Share Purchase Plan (the "CSPP") on 1 August 2024 to purchase such ordinary shares.

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SGE 16:56

Sage Group PLC

Director/PDMR Shareholding

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Sage announces that, on 1 February 2025, Aaron Harris and Walid Abu-Hadba, each a person discharging managerial responsibilities for Sage, acquired rights to <mark style="background-color:yellow">purchase</mark> ordinary shares of 14/77 pence each in Sage under the Sage Colleague Share Purchase Plan (the "CSPP"). The CSPP is an all-employee share plan operated for Sages US employees. The share purchase will occur, subject to and in accordance with the CSPP rules, at the end of a six-month offering period ("Offering Period") on 1 August 2025.

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SGE 06:01

Sage Group PLC

Trading update for the 3 months ended 31 Dec 2024

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Here is a summary of the trading update for The Sage Group plc for the first quarter ended December 31, 2024

Strong financial performanceSage Group plc reported strong financial results for the first quarter, with total revenue increasing by 10% to £612 million. All regions contributed to this growth.

North America and UKIA regionsIn North America, revenue increased by 11% to £279 million, while in the UKIA region, revenue grew by 9% to £176 million. Sage Intacct, cloud solutions, Sage 50, and Sage 200 performed well in these regions.

Europe regionRevenue from Europe increased by 8% to £157 million, driven by strong performance in accounting, HR, and payroll solutions.

Sage Business CloudRevenue from Sage Business Cloud increased by 13% to £502 million, with growth from both new and existing customers. Cloud native revenue grew by 22% to £208 million.

Recurring revenue and software subscription: Recurring revenue increased by 10% to £595 million, and software subscription revenue grew by 12% to £509 million, resulting in a subscription penetration of 83%.

Organic growthOn an organic basis, excluding the impact of M&A, total revenue increased by 9% to £611 million, and recurring revenue increased by 10% to £594 million.

Foreign exchange impactSterling strengthened against other currencies, creating an exchange rate headwind for the company.

Conference call and webcastJonathan Howell, Chief Financial Officer, will host a conference call and webcast to discuss the results.

About SageSage is a leader in accounting, financial, HR, and payroll technology for small and mid-sized businesses, aiming to knock down barriers and digitize business processes.

Overall, Sage Group plc had a strong start to the year, with broad-based revenue growth and continued momentum in Annualized Recurring Revenue (ARR). The company reiterates its guidance for the full year.

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SGE 17:02

Sage Group PLC

Director/PDMR Shareholding

Open AI Digest

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Return to today’s catalyst cards, chart beacons and AI charts.

Sage announces that, on 3 February 2025, the undernoted persons discharging managerial responsibilities for Sage (each a "PDMR") acquired ordinary shares of 14/77 pence each in Sage at the <mark style="background-color:yellow">purchase</mark> price set out below, in accordance with the rights they acquired under the Sage Colleague Share Purchase Plan (the "CSPP") on 1 August 2024 to purchase such ordinary shares.

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SGE 16:56

Sage Group PLC

Director/PDMR Shareholding

Open AI Digest

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Return to today’s catalyst cards, chart beacons and AI charts.

Sage announces that, on 1 February 2025, Aaron Harris and Walid Abu-Hadba, each a person discharging managerial responsibilities for Sage, acquired rights to <mark style="background-color:yellow">purchase</mark> ordinary shares of 14/77 pence each in Sage under the Sage Colleague Share Purchase Plan (the "CSPP"). The CSPP is an all-employee share plan operated for Sages US employees. The share purchase will occur, subject to and in accordance with the CSPP rules, at the end of a six-month offering period ("Offering Period") on 1 August 2025.

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SGE 06:01

Sage Group PLC

Trading update for the 3 months ended 31 Dec 2024

Open AI Digest

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Return to today’s catalyst cards, chart beacons and AI charts.

Here is a summary of the trading update for The Sage Group plc for the first quarter ended December 31, 2024

Strong financial performanceSage Group plc reported strong financial results for the first quarter, with total revenue increasing by 10% to £612 million. All regions contributed to this growth.

North America and UKIA regionsIn North America, revenue increased by 11% to £279 million, while in the UKIA region, revenue grew by 9% to £176 million. Sage Intacct, cloud solutions, Sage 50, and Sage 200 performed well in these regions.

Europe regionRevenue from Europe increased by 8% to £157 million, driven by strong performance in accounting, HR, and payroll solutions.

Sage Business CloudRevenue from Sage Business Cloud increased by 13% to £502 million, with growth from both new and existing customers. Cloud native revenue grew by 22% to £208 million.

Recurring revenue and software subscription: Recurring revenue increased by 10% to £595 million, and software subscription revenue grew by 12% to £509 million, resulting in a subscription penetration of 83%.

Organic growthOn an organic basis, excluding the impact of M&A, total revenue increased by 9% to £611 million, and recurring revenue increased by 10% to £594 million.

Foreign exchange impactSterling strengthened against other currencies, creating an exchange rate headwind for the company.

Conference call and webcastJonathan Howell, Chief Financial Officer, will host a conference call and webcast to discuss the results.

About SageSage is a leader in accounting, financial, HR, and payroll technology for small and mid-sized businesses, aiming to knock down barriers and digitize business processes.

Overall, Sage Group plc had a strong start to the year, with broad-based revenue growth and continued momentum in Annualized Recurring Revenue (ARR). The company reiterates its guidance for the full year.

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