Watch Steve Hare introduce our Half Year 23 results.
Building sustainable shareholder value
Our scale and experience form the foundations for our sustainable growth, and are core to Sage’s investment case.
Unique assets and capabilities
We serve a strong and loyal customer base through Sage Business Cloud, including fast-growing cloud native solutions and a resilient base of cloud connected and desktop products.
Our people differentiate Sage, through their dedicated and hands-on approach to solving customer problems, ensuring our technology and service retains a
Our well-established partner network of accountants and resellers, together with a growing ecosystem of ISVs, enhances our capabilities and reach.
Innovating and investing to drive growth
We have progressively increased investment in the business, driving innovation in Sage Business Cloud solutions and enhancing the customer experience.
Through our focus on innovation, we are enriching our cloud solutions with AI and Machine Learning capabilities, making them easier to use and more compelling for customers.
We are backing our core solutions with increased sales and marketing spend, which is leading to greater brand engagement and powering growth.
The trusted network for SMBs
Sage connects businesses with their customers, employees, suppliers and regulatory authorities. By leveraging this network, Sage has a significant opportunity to remove friction from and add value to these relationships.
By enabling network participation and enhancing the digital services available, we can attract and retain more customers to power the insights needed to develop more innovative experiences.
The development of the digital network builds on Sage’s well-recognised brand and reputation as a trusted advisor, renowned for keeping customers safe and compliant.
Financially robust position
We have a high-quality revenue base which is 95% recurring in nature, with 75% from software subscription contracts.
Sage is a highly cash-generative, low capital intensity business, and has achieved underlying cash conversion of over 100% for each of the last four years.
We balance the need for organic and inorganic investment with returns to shareholders through dividends, supplemented by share repurchases where appropriate.
A summary of our recent financial performance and strategic KPIs.