Sage maintains recovery in sales

&Tab;&Tab;<div class&equals;"wpcnt">&NewLine;&Tab;&Tab;&Tab;<div class&equals;"wpa">&NewLine;&Tab;&Tab;&Tab;&Tab;<span class&equals;"wpa-about">Advertisements<&sol;span>&NewLine;&Tab;&Tab;&Tab;&Tab;<div class&equals;"u top&lowbar;amp">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;<amp-ad width&equals;"300" height&equals;"265"&NewLine;&Tab;&Tab; type&equals;"pubmine"&NewLine;&Tab;&Tab; data-siteid&equals;"111265417"&NewLine;&Tab;&Tab; data-section&equals;"2">&NewLine;&Tab;&Tab;<&sol;amp-ad>&NewLine;&Tab;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;<&sol;div><p><a href&equals;"http&colon;&sol;&sol;londonglossy&period;com&sol;wp-content&sol;uploads&sol;2011&sol;01&sol;sage-maintains-recovery-in-sales&period;jpg"><img class&equals;"alignnone size-full" title&equals;"Software group Sage has said its sales revival is continuing" src&equals;"http&colon;&sol;&sol;londonglossy&period;com&sol;wp-content&sol;uploads&sol;2011&sol;01&sol;min-sage-maintains-recovery-in-sales&period;jpg" alt&equals;"Software group Sage has said its sales revival is continuing"&sol;><&sol;a><&sol;p>&NewLine;<p>Software group Sage has said its sales revival is continuing as more of its small and medium-sized business customers showed signs of recovery&period;<&sol;p>&NewLine;<p>The FTSE 100 company returned to sales growth in the six months to September and maintained the improved performance in the final three months of 2010&period;<&sol;p>&NewLine;<p>Chief executive Guy Berruyer said the company&&num;8217&semi;s principal markets&comma; which include the UK&comma; USA and Australia&comma; stepped up their gradual recovery in the quarter&comma; helping Sage perform in line with expectations&period;<&sol;p>&NewLine;<p>Shares in Sage were up 2&percnt; following the update&period;<&sol;p>&NewLine;<p>The company operates in more than 24 countries and mainly serves small and medium sized enterprises &lpar;SMEs&rpar;&period; The UK makes up about 20&percnt; of its revenues&comma; with America accounting for about 40&percnt;&period;<&sol;p>&NewLine;<p>The Newcastle-based firm&comma; which employs around 13&comma;400 people and serves more than six million businesses worldwide&comma; previously said SMEs went into the recession late but were also slow to recover&period;<&sol;p>&NewLine;<p>Sage recently reported its first period of growth in software and software-related services in the six months to September 2010 since 2007&period;<&sol;p>&NewLine;<p>The improved performance helped overall revenues climb 3&percnt; on an organic basis in the second half of the year&comma; compared with a decline of 2&percnt; in the first half&period;<&sol;p>&NewLine;<p>Despite revenues for the year being flat at £1&period;4 billion&comma; the company posted a 14&percnt; rise in underlying profits of £355&period;7 million&period;<&sol;p>&NewLine;<p>Aside from its Newcastle headquarters&comma; the firm also has UK offices in Manchester&comma; Winnersh&comma; near Reading&comma; central London and Witney in Oxfordshire&period;<&sol;p>&NewLine;&Tab;&Tab;&Tab;<div style&equals;"padding-bottom&colon;15px&semi;" class&equals;"wordads-tag" data-slot-type&equals;"belowpost">&NewLine;&Tab;&Tab;&Tab;&Tab;<div id&equals;"atatags-dynamic-belowpost-68edb98ce8033">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;<script type&equals;"text&sol;javascript">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;getAdSnippetCallback &equals; function &lpar;&rpar; &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;if &lpar; false &equals;&equals;&equals; &lpar; window&period;isWatlV1 &quest;&quest; false &rpar; &rpar; &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&sol;&sol; Use Aditude scripts&period;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;tudeMappings &equals; window&period;tudeMappings &vert;&vert; &lbrack;&rsqb;&semi;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;tudeMappings&period;push&lpar; &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;divId&colon; 'atatags-dynamic-belowpost-68edb98ce8033'&comma;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;format&colon; 'belowpost'&comma;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&rcub; &rpar;&semi;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&rcub;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&rcub;&NewLine;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;if &lpar; document&period;readyState &equals;&equals;&equals; 'loading' &rpar; &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;document&period;addEventListener&lpar; 'DOMContentLoaded'&comma; window&period;getAdSnippetCallback &rpar;&semi;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&rcub; else &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;getAdSnippetCallback&lpar;&rpar;&semi;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&rcub;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;<&sol;script>&NewLine;&Tab;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;&Tab;<&sol;div>


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