BusinessCompany NewsSage claims results will please market

Sage claims results will please market

Trading statement put out by accounting software group

Newcastle-based Sage has issued a trading update, stating that both revenues
and pre-tax profits for the year ending 30 September will be in line with market
expectations.

It said these results would include an immaterial contribution from Emdeon
Practice Services, acquired on 14 September 2006.

The current average of analysts’ forecasts for the company’s performance are
for revenue of £927m, and pre-tax profit of £220m.

The company said its preliminary results, with fuller details, would be
announced on 29 November.

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