Sage happy with ‘robust numbers’

Profits from its global operations grew to £69.3m for the half-year ending 31 March as turnover rose to £279m from £229m in 2001 with customer numbers reached 2.9 million.

Sage finance director Paul Harrison described the results as ‘robust’ and said the company remained ‘cautiously optimistic despite tough market conditions’.

He pointed out that a number of technology companies had recently delivered poor results for the same period.

The market too appeared happy with the results, as Sage shares were last trading at £191.75, up £3.50 on the day.

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