LONDON (Reuters) - Software company Sage (L:SGE) met forecasts with a 9 percent rise in full-year operating profit to 427 million pounds, helped by a rise in subscription sales of its programmes that help small enterprises manage their businesses.
The British company said on Wednesday it expected to grow organic revenue by the same 6 percent this year as it achieved in the year to end-September, and to again achieve an operating margin of at least 27 percent.
($1 = 0.8021 pounds)