Jan 19, 2023 / 08:30AM GMT
Operator
Good morning, everyone. Welcome to the Q1 Trading Update Call for The Sage Group. Your presenter today will be Jonathan Howell, Chief Financial Officer, who is joined by James Sandford, Head of Investor Relations. After the speaker's presentation, there will be a question-and-answer session. (Operator Instructions) I would now like to hand the conference over to Mr. Howell. Please go ahead.
Jonathan Anton George Howell - The Sage Group plc - CFO & Director
Thank you very much, and good morning, everyone, and welcome to Sage's Q1 trading update. I'll briefly run through the key numbers and the performance of the business, and after that, we can open for Q&A. And just to remind you that all the numbers in the trading statement are now reported on an underlying basis, unless otherwise stated.
So on to the performance of the business, I'm pleased to say that Sage has made a strong start to the year with performance in line with expectations. Recurring revenue was up by 12% to GBP 517 million. This was driven by strong growth in Sage Business Cloud
Q1 2023 Sage Group PLC Trading Statement Call Transcript
Feb 14, 2024
Already have an account? Log in
Get the full story
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent 
4.6 out of 5 
Trustpilot
Trustpilot
Survey
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
Follow Us
Disclaimers