Half Year 2025 Sage Group PLC Earnings Call Transcript

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May 15, 2025

May 15, 2025 / 07:30AM GMT
Stephen Hare - Sage Group PLC - Chief Executive Officer, Executive Director

Good morning, and welcome to Sage's results for the first half of the year. I'm pleased to be joined by Jonathan Howell, our CFO.

Now I'm going to start with an overview of our key messages for today. Sage delivered strong results in the first half as we continue to pursue our ambition to create the world's most trusted, thriving network for small and midsized businesses powered by Sage Copilot. We achieved stable broad-based revenue growth across all regions, driven by a sustained double-digit increase in ARR.

Disciplined cost control, together with operating leverage, supported strong operating profit, margin and EPS expansion. And ongoing strength in cash conversion led to robust cash flow generation.

Now this performance is underpinned by our constant focus on driving value for customers. We continue to innovate, enhancing our core products and growing our network platform. Sage Copilot, launched just over a year ago, is delivering productivity and insights to thousands of customers, and we're just

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