Accountancy software provider Sage said there was still strong demand for its products as it delivered a first half profit result in line with expectations.
Revenue for the six months rose 17% to £748.4m, helped by the falling value of sterling.
Sage delivers profit in line with expectations
Revenue up 17% to £748.4m
Accountancy Age, 06 May 2009
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Pretax profit rose 14% to £139.2m, slightly short of an analyst forecast of £145m.
The company, which has five million small to medium-sized company customers, said it expected economic conditions to remain tough for the remainder of the financial year but that it would be well-placed to benefit when markets recover.
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