Jul 23, 2020 / 07:30AM GMT
Operator
Ladies and gentlemen, thank you for standing by, and welcome to the Q3 Trading Update Call for The Sage Group plc. Your presenter today will be Jonathan Howell, Chief Financial Officer, who is joined by James Sandford, Head of Investor Relations.
(Operator Instructions) For your information, the conference is being recorded.
Now I would like to hand the conference over to your speaker today, Jonathan Howell. Please go ahead, sir.
Jonathan Anton George Howell - The Sage Group plc - CFO & Director
Thank you very much, and welcome, everyone, to Sage's Q3 Trading Update. First, I'll take you through the key numbers and the performance of the business. And after that, we can open for Q&A. Just as a reminder, all numbers in the trading statement are on an organic basis.
Recurring revenue for the first 9 months is up 9% to GBP 1.2 billion. This reflects a resilient performance in Q3 and was underpinned by growth in software subscription of around 23%. This strength in recurring revenue reflects good momentum carried into the period,
Q3 2020 Sage Group PLC Trading Statement Call Transcript
Feb 14, 2024
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