Jul 25, 2019 / 07:30AM GMT
Operator
Good morning, ladies and gentlemen, and thank you for standing by. Welcome to today's Sage Group Q3 Trading Update Conference Call. (Operator Instructions) I must advise you that this conference is being recorded today on Thursday, the 25th of July, 2019. Your presenters today will be Jonathan Howell, CFO; who's joined by Lauren Wholley, Head of Investor Relations.
I would now like to turn the conference over to your presenter today, Jonathan Howell. Please go ahead, sir.
Jonathan A. G. Howell - The Sage Group plc - CFO & Director
Good morning, everyone, and thank you very much. And welcome to the Sage Q3 trading update. First, I'll give you a quick update on the key numbers and then we can open for Q&A.
Total revenue for the first 9 months of the year is up 5.9% to GBP 1.4 billion. Recurring revenue increased by 10.6% to GBP 1.2 billion, and this is underpinned by growth in software subscription of 28% to GBP 752 million. This strength in recurring revenue reflects our focus on acquisition of new customers and migration of existing
Q3 2019 Sage Group PLC Trading Statement Call Transcript
Feb 14, 2024
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