Feeds

Sage: Where's this double-dip disaster everyone's crying over?

Europe still rattling the abacuses, though

Secure remote control for conventional and virtual desktops

Sage revealed the fragility of the Eurozone economy continues to give management sleepless nights as the recovery it touted didn't show up. Back home in Blighty, though, growth was described as good.

The UK-based accounting software biz pushed up sales two per cent to £661.2m in the six months to 31 March. Pre-tax profits climbed two per cent to £176.1m. In an update covering trade from 1 April to the current period, Sage said sales were pretty much in line with expectations, "despite a toughening economic environment".

"The variable trading performance evident in the first half in Europe continued in the third quarter," said the vendor. "Overall performance in Europe has been flat and the anticipated improvement in growth over the first half has not yet materialised."

Sage bosses' concerns about Blighty sinking into a double-dip recession proved not be very well sage-like, as the company posted some "good growth" in the market.

Further afield, South Africa and Australia spearheaded sales in the vendor's other overseas operations. ®

Secure remote control for conventional and virtual desktops

More from The Register

next story
6 Obvious Reasons Why Facebook Will Ban This Article (Thank God)
Clampdown on clickbait ... and El Reg is OK with this
No, thank you. I will not code for the Caliphate
Some assignments, even the Bongster decline must
Fast And Furious 6 cammer thrown in slammer for nearly three years
Man jailed for dodgy cinema recording of Hollywood movie
Caught red-handed: UK cops, PCSOs, specials behaving badly… on social media
No Mr Fuzz, don't ask a crime victim to be your pal on Facebook
Barnes & Noble: Swallow a Samsung Nook tablet, please ... pretty please
Novelslab finally on sale with ($199 - $20) price tag
Ballmer leaves Microsoft board to spend more time with his b-balls
From Clippy to Clippers: Hi, I see you're running an NBA team now ...
Video of US journalist 'beheading' pulled from social media
Yanked footage featured British-accented attacker and US journo James Foley
Call of Duty daddy considers launching own movie studio
Activision Blizzard might like quality control of a CoD film
prev story

Whitepapers

Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Endpoint data privacy in the cloud is easier than you think
Innovations in encryption and storage resolve issues of data privacy and key requirements for companies to look for in a solution.
Scale data protection with your virtual environment
To scale at the rate of virtualization growth, data protection solutions need to adopt new capabilities and simplify current features.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?