Sage says sees higher growth with expanding customer base.
Good news for investors
http://www.polskishop.com/9_05_03.htm
STOCKSURGERY
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Bounced of 25DMA, resistance 470p. Trading Statement 28th Ex-Divi 12th Febuary.

Sage Group on course to achieve targets

StockMarketWire.com

Sage Group said it remains on course to achieve the targets of 6% organic revenue growth and 28% operating margin in 2015, with the anticipated acceleration in revenue growth weighted towards H2, as stated at the time of the 2014 full-year results.

"For the first three months of the year, Group organic revenue increased by 5.3%," it said in a statement.

"Organic recurring revenue grew by 7.0% for the first quarter, primarily driven by software subscription growth, and organic software and software-related services ("SSRS") revenue grew by 1.0%," Sage said.

"Organic software subscription revenue growth of 28.8% in the quarter maintains the growth momentum reported with the 2014 full-year results. All regions contributed to this performance, with Europe delivering particularly good growth on an established software subscription base.

"As stated at the time of the 2014 full-year results, areas of weakness continue to be payments in North America and Europe Enterprise, particularly in France, and Management remain focussed on taking actions in these areas.

CEO Stephen Kelly commented:

"This is a solid start to the financial year and the overall growth trajectory remains on track."

Interim results tomorrow. 500p breached early doors, toss up, heads profit taking, tails pump up the volume and go higher. Not overbought yet on RSI, MACD looks promising. Fingers crossed.

RNS Number : 2761M

Sage Group PLC

06 May 2015






Sage Group plc unaudited results for the six months ended 31 March 2015

Wednesday 6 May 2015

Good operational progress - on track to meet 2015 targets


FINANCIAL SUMMARY1

H1 2015

H1 2014

Change


Organic revenue

£682m

£642m

+6.2%


- Organic recurring revenue

£499m

£463m

+7.7%


- Organic software and software-related services ("SSRS") revenue

£183m

£179m

+2.4%


Organic operating profit

£192m

£176m

+9.1%


Organic operating profit margin

28.1%

27.4%

+70bps


Underlying basic earnings per share ("EPS")

12.66p

10.88p

+16.4%


Underlying cash conversion2

112%

109%

+3%


Ordinary dividend per share ("DPS")

4.45p

4.12p

+8%





STATUTORY

H1 2015

H1 2014

Change


Revenue

£699m

£657m

+6.5%


Operating profit

£183m

£174m

+5.1%


Profit before tax

£173m

£165m

+4.9%


Basic EPS

11.86p

10.58p

+12.1%

Breakout.

the blast , nice .

Love this share :0)

Even this stock in this environment is not safe, but i will b first in the que to top up on any weakness.

On watch list to add.

Every year throughout this Bull Market stock has rallied at some point in the final quarter and gone on to print an all time high. (Full year results 02/12/15)

Will this year be any different? Trend is your friend till it isn't.

LATEST BROKER VIEWS

Date Broker New target Recomm.
28 Oct Canaccord... 480.00 Hold
16 Oct Panmure Gordon 516.00 Hold
13 Oct Credit Suisse 420.00 Underperform
12 Oct Barclays... 375.00 Underweight
6 Oct Numis 573.00 Add
28 Sep Panmure Gordon 516.00 Hold
15 Sep Panmure Gordon 516.00 Hold
11 Sep Panmure Gordon 516.00 Hold
12 Aug Panmure Gordon 516.00 Hold
11 Aug Citigroup 585.00 Buy


See flavour of the month Canaccord have stuck their oar in here as well (no sense of humour). Probably change their mind within a week who knows? :0)

Finals 02/12.

Wee punt long @ 544p on the spreads, tight stop.

Would appear so far that brokers well out of sync, marching up. Full year results 02/12LATEST BROKER VIEWS

Date Broker New target Recomm.
24 Nov Panmure Gordon 535.00 Hold
24 Nov Credit Suisse 420.00 Underperform
28 Oct Canaccord... 480.00 Hold
16 Oct Panmure Gordon 516.00 Hold
13 Oct Credit Suisse 420.00 Underperform
12 Oct Barclays... 375.00 Underweight
6 Oct Numis 573.00 Add
28 Sep Panmure Gordon 516.00 Hold
15 Sep Panmure Gordon 516.00 Hold
11 Sep Panmure Gordon 516.00 Hold
Broker Recommendations for Sage Group (The)

Breakout and all time high early doors, let's see if it can hold it till close of play.

Out the spreads @ 586.05p. See how results go tom.

Market not impressed. Testing support @ 540p watching.

That was some bounce back yesterday after profit taking. Had a limit buy triggered this am @ 582p on the spreads, tight stop.

LATEST BROKER VIEWS

Date Broker New target Recomm.
3 Dec Barclays... 420.00 Underweight
3 Dec Numis 640.00 Add
3 Dec Exane BNP... 495.00 Underperform
3 Dec Investec 535.00 Hold
2 Dec Numis 573.00 Hold
1 Dec Jefferies... 670.00 Buy
1 Dec Citigroup N/A Buy
30 Nov Investec 535.00 Hold
27 Nov Bryan Garnier 540.00 Neutral
26 Nov Panmure Gordon 535.00 Hold
Broker Recommendations for Sage Group (The)