Reported 1 day ago
UK software company Sage Group announced a 21% rise in full-year operating profit to £529 million, driven by an increase in margins and a 9% growth in revenue. The firm plans to continue this momentum with expectations of further margin improvement and projects organic revenue growth of 9% or more for the upcoming year. Additionally, Sage has increased its dividend and launched a £400 million share buyback, underscoring its strong cash generation.
Source: YAHOO