Prime Highlight
- Sage delivered strong financial results, reporting revenue growth to £2.5 bn and a 17% rise in operating profits to £530 m.
- The company highlighted rapid adoption of its AI-powered tools, including Sage Copilot and new AI agents for finance and compliance.
Key Facts
- Sage announced a £300m share buyback programme, reflecting robust cash generation and confidence in long-term value creation.
- Revenue grew across all regions, led by a 12% increase in the US to £1.1 bn and 9% growth in the UK, Ireland, and Africa to £729 m.
Background
Sage, a software company, reported strong financial results. Growing demand for its AI-powered tools and expansion in key markets helped. The FTSE 100 firm increased revenue by 8% to £2.5 bn and raised operating profits by 17% to £530 m. Alongside its results, the company announced a £300m share buyback programme, reflecting its solid cash generation.
Sage said artificial intelligence is playing an increasingly important role in its product strategy. The company continues to scale Sage Copilot, its generative AI assistant that helps customers automate manual work, speed up payments, and make smarter decisions. Engineers based in North Tyneside have been central to Copilot’s development, with Sage now planning additional AI agents to support areas such as compliance, accounts payable, reconciliation, and tax.
New systems highlighted for investors include the Income Tax Agent for UK accountants and the Finance Intelligence Agent for Sage Intacct users in the UK and the US.
The company grew revenue in all regions. The US led with a 12% rise to £1.1 bn, driven by strong demand in construction, real estate, financial services, and non-profits. Revenue in the UK, Ireland, and Africa grew 9% to £729 m, while Europe grew 7% to £646 m. France and Central Europe rose 6%, and the Iberia region grew 10% to £167 m, helped by renewals, higher prices, and new customers.
Chief executive Steve Hare said Sage is well-positioned to support businesses adopting AI-enabled tools, adding that the company’s innovation strategy and strong platform give confidence in delivering long-term value for stakeholders.
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