Business
Results for the year ended 30 September 2022
Results for the year ended 30 September 2022.
About this update from Sage Group Plc
[{"type":"text","content":"\n \n \n \n The Sage Group plc\n \n \n \n \n Results for the year ended 30 September 2022 (audited)\n \n \n \n 16 November 2022\n \n \n \n Strong execution accelerates growth\n \n \n \n ·\n Significant strategic progress with accelerating revenue growth and organic margin expansion\n \n \n ·\n Organic recurring revenue growth of 9%, underpinned by Sage Business Cloud growth of 24%\n \n \n ·\n ARR growth of 12%, with increased momentum in all regions driven by new and existing customers\n \n \n ·\n Organic operating margin increased to 19.9%, as we focus on efficiently scaling the business\n \n \n ·\n Underlying basic EPS growth of 8%\n \n \n ·\n Continued strong cash performance, with cash conversion of 107%\n \n \n \n \n \n \n \n Alternative Performance Measures (APMs)[1]\n \n \n \n \n \n \n FY22\n \n \n \n \n \n \n FY21[2]\n \n \n \n \n \n \n Change\n \n \n \n \n \n \n \n \n Organic Financial APMs\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Organic Total Revenue\n \n \n \n \n £1,924m\n \n \n \n \n £1,809m\n \n \n \n \n +6%\n \n \n \n \n \n \n Organic Recurring Revenue\n \n \n \n \n £1,824m\n \n \n \n \n £1,667m\n \n \n \n \n +9%\n \n \n \n \n \n \n Organic Operating Profit\n \n \n \n \n £383m\n \n \n \n \n £353m\n \n \n \n \n +8%\n \n \n \n \n \n \n \n % Organic Operating Profit Margin\n \n \n \n \n \n \n 19.9%\n \n \n \n \n \n \n 19.5%\n \n \n \n \n \n \n +0.4 ppts\n \n \n \n \n \n \n \n \n Underlying Financial APMs\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n EBITDA\n \n \n \n \n £468m\n \n \n \n \n £454m\n \n \n \n \n +3%\n \n \n \n \n \n \n \n % EBITDA Margin\n \n \n \n \n \n \n 24.0%\n \n \n \n \n \n \n 24.2%\n \n \n \n \n \n \n -0.2 ppts\n \n \n \n \n \n \n \n Underlying Operating Profit\n \n \n \n \n £377m\n \n \n \n \n £368m\n \n \n \n \n +2%\n \n \n \n \n \n \n \n % Underlying Operating Profit Margin\n \n \n \n \n \n \n 19.4%\n \n \n \n \n \n \n 19.6%\n \n \n \n \n \n \n -0.2 ppts\n \n \n \n \n \n \n \n Underlying Basic EPS\n \n \n \n \n 25.74p\n \n \n \n \n 23.79p\n \n \n \n \n +8%\n \n \n \n \n \n \n Underlying Cash Conversion\n \n \n \n \n 107%\n \n \n \n \n 126%\n \n \n \n \n -19 ppts\n \n \n \n \n \n \n \n KPIs\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Annualised Recu...