IRVINE, CA (Dec. 01, 2010)—Sage North America announced today that global revenues of parent the Sage Group plc (LSE: SGE), were $2.24 billion for the year ended September 30, 2010, flat over the same prior year (on an organic basis at constant exchange rates*). EBITA** was $570.6 million, or 25% margin, compared with 22% in 2009. The company added 252,000 customers worldwide during the year, bringing its total to 6.3 million businesses globally, excluding ACT! customers. The business added 123,000 customers in North America where total revenue for the year ended September 30, 2010 was $857.8 million, with EBITA of $189.7 million, or 22% margin.
“Despite recent challenges in the economy, our strong focus on product and service quality has enabled us to attract new businesses to Sage and add even greater value for our large base of loyal customers,” said Sage North America President and CEO, Sue Swenson. “Sage Connected Services are enabling businesses to take advantage of cloud computing for specialized processes like e-marketing and online payments integrated with the trusted Sage systems that are central to their operations. The tremendous work of our employees in delivering great customer experiences every day is a key strength that has enabled us to once again maintain competitive revenue and improved profitability this past year.”
In 2010 Sage delivered a wide range of new and upgraded products for general business and the specialized needs of the construction, distribution, healthcare, manufacturing, nonprofit and real estate sectors. Among them were new Sage Connected Services that enable companies to integrate specialized business functions over the Internet to their core business management systems. New Sage Connected Services included:
- Sage Fundraising Online, which provides nonprofits with the ability to execute online fundraising campaigns integrated to the back office;
- Sage eMarketing for SalesLogix, which helps businesses execute e-mail marketing campaigns and capture leads from their websites;
- Sage Mobile for ACT!, enabling businesses to connect ACT! contact management processes to Blackberry and Windows Mobile devices; and
- Sage Exchange, a new industry-leading payments management platform, enabling businesses to manage PCI compliant credit card processing integrated with back-office accounting.
In addition to new Connected Services, Sage added to its existing online offerings with the launch of Sage SalesLogix Cloud Edition. The company also launched new versions of many of its flagship business management solutions including new releases in the Sage ERP family, 2010 editions of Sage Peachtree and Sage Simply Accounting, the new Sage Timberline Enterprise for construction and real estate businesses, and new releases in its CRM portfolio, including Sage SalesLogix, SageCRM, and Sage ACT! 2010. For healthcare customers, Sage delivered a new Meaningful Use suite that provides healthcare practices with the systems they need to improve patient care while gaining eligibility for government stimulus funding. In addition, the company introduced an innovative new version of its Medical Manager solution and launched a new Customer Appreciation Program that helps medical practices meet upcoming regulatory requirements, achieve meaningful use and ultimately improve patient care.
Sage also announced that Sue Swenson will retire in mid-2011 and that Pascal Houillon, currently CEO of Sage France, will lead the North American business following Ms. Swenson’s retirement. Ms. Swenson joined Sage in 2008 and among many accomplishments during her tenure has consolidated the North American business after an intense period of acquisition, driven a significant improvement in EBITA and developed a Connected Services strategy in the business.
*Results are in USD using an annual average exchange rate of 1.56 USD per GBP.
**Earnings before interest, tax and amortization, which excludes the effects of amortization of acquired intangible assets and the net amortization or capitalization of software development expenditure.
About Sage North America
Sage North America is part of The Sage Group plc, a leading global supplier of business management software and services. Sage North America employs 4,000 people and supports 3.2 million small and midsize business customers. The Sage Group plc, formed in 1981, was floated on the London Stock Exchange in 1989 and now employs 13,400 people and supports 6.3 million customers worldwide. For more information, please visit the website at www.sagenorthamerica.com.
© 2010 Sage Software, Inc. All rights reserved. Sage, Sage Software, Sage logos and the Sage product and service names mentioned herein are registered trademarks or trademarks of Sage Software, Inc. or its affiliated entities. All other trademarks are the property of their respective owners.