Sage says results in line with expectations

Sage has issued a trading update, stating that both revenues and pre-tax profits for the year ending 30 September were in line with market expectations.

These results include an immaterial contribution from Emdeon Practice Services, acquired on 14 September 2006, the company said.

In its announcement, it noted that the current average of analysts' forecasts for the company's performance were revenue of £927m, EBITA (earnings before interest, tax and amortisation) of £247m and pre-tax profit of £220m.

The company said its preliminary results, with fuller details, would be announced on 29 November. ®