SGGEF - The Sage Group plc (SGGEF) Q1 2025 Earnings Call Transcript
2025-01-30 08:39:01 ET
The Sage Group plc (SGGEF)
Q1 2025 Earnings Conference Call
January 30, 2024 03:30 AM ET
Company Participants
Jonathan Howell - CFO
Conference Call Participants
Adam Wood - Morgan Stanley
Toby Ogg - JPMorgan
Frederic Boulan - Bank of America
Charles Brennan - Jefferies
Balajee Tirupati - Citi
Michael Briest - UBS
Presentation
Jonathan Howell
Good morning everyone and welcome to Sage's Q1 Trading Update. I'll briefly run through the key numbers and the performance of the business and after that, we can open for Q&A.
Sage has made a strong start to the year, delivering revenue growth in line with our expectations. Total revenue for the group increased by 10% to £612 million, driven by broad-based growth across all regions. In North America, revenue grew by 11% to £279 million, with a good performance in Sage Intacct, together with continuing growth in Sage 200 and Sage 50.
In the UKIA region, revenue grew by 9% to £176 million. This was driven by strong progress in Sage Intacct, together with further success in Sage Accounting, Sage Payroll, and Sage 50. And in Europe, revenue increased by 8% to £157 million, with a strong performance across our accounting, HR, and payroll solutions....
The Sage Group plc (SGGEF) Q1 2025 Earnings Call Transcript