OverviewSuggest Edit
Sage Group is a company that provides business management software and services for companies to manage their operations. It offers software and services for accounting and payroll, enterprise resource planning, customer relationship management, and payments. The company serves business owners, bookkeepers, and finance directors.
| Type | Public | |
| Founded | 1981 | |
| HQ | Newcastle Upon Tyne, GB | Map |
| Website | sage.com | |
| Overall Culture | A+ | More |
Recent NewsAll News
- Sage Group completes £78m sale of US payroll business
- Sage Group enjoys ‘strong start’ to 2019 as Q1 revenues reach £465m
- Sage Group to sell its U.S. payroll outsourcing unit for $100 million
- ERP Software for Apparel & Textile Industries 2018 Global Market Key Players – Fishbowl, Oracle Corporation, Priority Software, Prodsmart, Deskera, Royal 4 Systems, Sage Group, MRPeasy, Acumatica.....
Key People/Management at Sage
Steve Hare
Chief Executive Officer & Director
Jonathan Howell
Chief Financial Officer
Derk Bleeker
Chief Corporate Development Officer and Managing Director for Southern Europe
Greg Tett
VP Investor Relations
Robert Reid
Chairman, Mid-Market Solutions
Marcus Banks
Executive Vice President
Sage Office Locations
Sage has offices in Newcastle Upon Tyne, London, Salford, Winnersh and in 46 other locations
Newcastle Upon Tyne, GB (HQ)
North Park
London, GB
32 London Bridge St
Salford, GB
1, Exchange Quay
Winnersh, GB
Sage House, Wharfedale Rd
Chatswood, AU
Level 11, Zenith Tower B, 821 Pacific Highway
Innaloo, AU
374 Scarborough Beach Rd
Sage Financials and Metrics
Sage Revenue
Sage's revenue was reported to be £1.94 b in FY, 2019 which is a 4.9% increase from the previous period.
| GBP | |
|---|---|
Revenue (FY, 2019) | 1.9b |
Revenue growth (FY, 2018 - FY, 2019), % | 4.9% |
Gross profit (FY, 2019) | 1.8b |
Gross profit margin (FY, 2019), % | 92.9% |
Net income (FY, 2019) | 266.0m |
EBIT (FY, 2019) | 382.0m |
Market capitalization (7-May-2021) | 6.9b |
Closing stock price (7-May-2021) | 6.4 |
Cash (30-Sept-2019) | 371.0m |
EV | 7.3b |
Sage's current market capitalization is £6.9 b.
Annual
Annual
Annual
| GBP | FY, 2016 |
|---|---|
EV/EBIT | 30.5 x |
EV/CFO | 28.6 x |
Debt/Equity | 0.5 x |
Debt/Assets | 0.2 x |
Financial Leverage | 2.5 x |
Sage Operating Metrics
Sage's Subscriptions was reported to be 1.2 m in H1, 2017.
Sage Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| CakeHR | November 29, 2019 | |
| AutoEntry | September 27, 2019 | |
| OCREX | September 27, 2019 | |
| Sage Intacct | July 25, 2017 | $850 m |
| Exact Software Deutschland - Payroll | July 21, 2017 | £12.9 m |
| Compass | March 30, 2017 | |
| Fairsail Ltd | March 03, 2017 | |
| PAI Group | September 22, 2014 | $158 m |
| Cenize Informatica | September 21, 2012 | £3.9 m |
| Empresa Brasileira de Sistemas | September 21, 2012 | £10.6 m |
Sage Revenue Breakdown
Sage revenue breakdown by geographic segment: 13.6% from International, 33.0% from North America and 53.4% from Europe
Human Capital Metrics
Sage's employees are reported to be approximately 55% female and 45% male.
Sage Cybersecurity Score
Sage Environment, Social & Governance (ESG) Ratings
Sage Online and Social Media Presence
16.75k Twitter followers
Sage has 16.75k Twitter Followers. The number of followers has increased 0.1% month over month and increased 0.8% quarter over quarter
Sage's Trends
Twitter Engagement Stats for @sagegroupplc
3.6k
Tweets
1.2k
Following
16.8k
Followers
2
Tweets last 30 days
4.5
Avg. likes per Tweet
100%
Tweets with engagement
Sage Company Culture
Overall Culture
A+
84/100
CEO Rating
A+
90/100
Compensation
A+
88/100
Diversity
A+
83/100
Sage News and Updates
February 22, 2019
Sage Group completes £78m sale of US payroll business
The Sage Group Plc has completed the disposal of its US-based payroll outsourcing business.
The deal, announced in January, saw Gateshead-based Sage transfer ownership of Sage Payroll Solutions (SPR) to workforce management software maker iSolved for £78m.
SPR generated a turnover of £38m in the yea…
January 17, 2019
Sage Group enjoys ‘strong start’ to 2019 as Q1 revenues reach £465m
The Sage Group plc has increased quarterly revenues 7.6% as it continues to focus on a subscription-based business model.
The Newcastle-headquartered software giant recorded a group organic revenue of £465m for the three months to December 31 2018.
Sage’s Q1 recurring revenue came in at £387m, a yea…
January 15, 2019
Sage Group to sell its U.S. payroll outsourcing unit for $100 million
Sage Group Plc said on Tuesday it
would sell its U.S. payroll outsourcing business for 78 million
pounds ($100.08 million) as part of the software provider's
strategy to focus on subscription services by moving more
products to the cloud.
December 20, 2018
ERP Software for Apparel & Textile Industries 2018 Global Market Key Players – Fishbowl, Oracle Corporation, Priority Software, Prodsmart, Deskera, Royal 4 Systems, Sage Group, MRPeasy, Acumatica.....
ERP Software for Apparel & Textile Industries – Global Market Growth, Opportunities, Analysis Of Top Key Players And Forecast To 2025 Posted via Industry Today. Follow us on Twitter @IndustryToday
November 06, 2018
Distribution Software 2018 Global Market Key Players – SAP, Oracle, Sage Group Infor, JDA Software Group, AccSoft Business Solutions – Analysis and Forecast to 2023
WiseGuyRerports.com Presents “Global Distribution Software Market 2018 by Manufacturers, Countries, Type and Application, Forecast to 2023” New Document to its Studies Database Posted via Industry Today. Follow us on Twitter @IndustryToday
November 02, 2018
Breaking: Sage Group names new CEO
Tech giant The Sage Group plc has announced the appointment of a new chief executive officer.
Steve Hare, who takes up the role with immediate effect, joined the Sage board in 2014 as chief financial officer.
On August 31 this year, he assumed the additional post of interim chief operating officer w…
Sage Blogs
May 07, 2021
Sales visits made easier: Integrate mapping applications and Sage CRM
Throughout the pandemic the existence of a robust customer relationship management (CRM) system has proven valuable to companies as they navigate the changing sales landscape. Unfortunately, route sales and customer visits were put on hold as a sales strategy. Now that we are turning the corner, too…
May 07, 2021
Grow on true cloud unfettered by vendor service queues
When we talk about scalability, we often think about the scalability of size, but a true cloud system also provides for the scalability of functionality. Let’s face it, your growing business doesn’t just increase the number of transactions it handles, it also increases the complexity and the diversi…
May 06, 2021
How proper construction project management saves on job costs
The construction industry is notorious for cost and time mismanagement. But efficient construction project management can help.
The post How proper construction project management saves on job costs appeared first on Sage Advice US.
May 06, 2021
How you can boss your business and start taking control now
Running a small business is a lot like juggling. From manually filing paperwork and sending invoices, to making decisions about unpredictable errors that pop up along the way – trying to balance your time and your cash flow can quickly turn into loss of control of your financials. But if you want to…
May 05, 2021
Distributors can remain relevant in a direct-to-consumer world – but need more than a fancy e-commerce website
Tesla Motors. Inc has evolved from car manufacturer to technology company with its inspired direct-to-consumer approach (DTC). Customers can order the luxury electric cars through their phones or from Tesla-owned showrooms, cutting out the franchised dealerships that other automobile companies use.…
May 04, 2021
What does your monthly WIP and forecasting meeting look like?
In construction, money is made in the field. The general ledger is just a scorecard. Realizing this, CFOs and controllers in construction companies are getting more engaged with their operations counterparts. One way some constructional financial managers (CFMs) are doing this is through a monthly w…
Sage Frequently Asked Questions
When was Sage founded?
Sage was founded in 1981.
Who are Sage key executives?
Sage's key executives are Steve Hare, Jonathan Howell and Derk Bleeker.
How many employees does Sage have?
Sage has 11,647 employees.
What is Sage revenue?
Latest Sage annual revenue is £1.9 b.
What is Sage revenue per employee?
Latest Sage revenue per employee is £166.2 k.
Who are Sage competitors?
Competitors of Sage include Advanced, Pegasystems and Intuit.
Where is Sage headquarters?
Sage headquarters is located at North Park, Newcastle Upon Tyne.
Where are Sage offices?
Sage has offices in Newcastle Upon Tyne, London, Salford, Winnersh and in 46 other locations.
How many offices does Sage have?
Sage has 50 offices.
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