LONDON (Reuters) – Britain’s Sage Group posted a 4 % rise inside profit about Wednesday following high sales of subscriptions for IT help offset weaker need for the software inside key markets including France plus Spain. The organization, whose software is selected by over 6 million tiny companies to run payroll plus accounts, posted modified pretax profit of 356.3 million pounds ($ 574 million) for the year to end-September. Analysts were expecting 346.6 million, according to a Thomson Reuters I/B/E/S poll of 21 brokers. Underlying revenue edged up 2 % to 1. …
Business News Headlines – Yahoo! News
There are no comments yet. Why not be the first to speak your mind.