Nov 22, 2023 / 08:30AM GMT
Stephen Hare - The Sage Group plc - CEO & Executive Director
Good morning, and welcome to Sage's full year results. I'm delighted to be joined by Jonathan Howell, our CFO. I'm going to start with an overview of our key messages for today.
Sage delivered a strong FY '23 performance driven by consistent execution. We achieved double-digit revenue growth, expanded our underlying operating margin and significantly increased free cash flow. Our performance was based on strong, sustained momentum, underpinned by broad growth drivers across the group. Sage Business Cloud continues to deliver significant growth across all of our regions. And importantly, this growth remains well balanced between new and existing customers, and it's supported by the resilience of our business model as small and midsized businesses continue to adopt digital technology to become more productive and efficient.
And our growth is led by ongoing investment in innovation, driven by our deep knowledge and experience of serving SMBs. We're enhancing our cloud solutions and making them available to more customers in
Full Year 2023 Sage Group PLC Earnings Call Transcript
Feb 14, 2024
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