Sage North America Shows Slight First Half Revenue Increase

Sage North America today showed that total revenue in North America for the half year ended March 31, 2013 was $325.0 million, up 4 percent over the same prior year period.

At the same time, Sage’s UK-based parent The Sage Group plc reported global revenues of $1.12 billion for the half year ended March 31, 2013, an increase of 3 percent over the same prior year period.

Of note over the first half, Sage centralized R&D under chief technology officer and head of product strategy Himanshu Palsule. New products and enhancements during the period included new connected services and mobility enhancements across the company’s business management solutions portfolio plus new payments services. Also, in February the company divested its non-profit, ACT! and SalesLogix businesses.

“Under a unified Sage brand, we are taking cues from our customers, innovating based on their feedback, and working to deliver the products and services small and medium sized businesses need to most effectively manage their operations and realize their business ambitions,” said Sage North America president and chief executive, Pascal Houillon. “Execution of our strategy is paying off, with solid revenue growth of 4 percent in North America in the first half of fiscal 2013.”

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