The Sage Group plc (SGE) Q3 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, everyone. Welcome to the Q3 trading update call for the Sage Group. Your speakers today will be Stephen Hare, Chief Executive Officer, and Jacqui Cartin, Chief Financial Officer. After a short presentation, there will be a question and answer session. To ask a question, you will need to press star 1 and 1. I would now like to hand the conference over to Ms. Cartin. Please go ahead. Good morning, everyone, and thanks for joining us. I'll start by taking you through our performance in the first nine months of the year, and after that, Steve and I will be happy to take your questions. Sage has delivered an excellent performance. Through focused execution, we've achieved broad-based acceleration across our key products and regions. This is underpinned by the investments that we're making in our platform and AI capabilities, which we continue to enhance the value we deliver to our customers. Revenue increased by 11%, 2.1 billion in the first nine months, reflecting strong demand for our solutions from both new and existing customers. This is supported by the expansion of AI-powered features across the portfolio, including growth in Sage co-pilot and agentic capabilities. Today, Sage's AI tools are available to over 600,000 customers. That's up more than 20% since we reported our half-year results in May. and adoption continues to grow as customers increasingly rely on Sage for critical finance, HR and payroll workflows where getting it right is essential. I'm moving to the regional view. In North America, revenue increased by 14% to 932 million with continued momentum in Sage Intact supported by our vertical go-to-market approach. We also saw good growth in Sage 50 as well as in Sage 200 Payroll and HR. In the UKAA, revenue grew by 10% to 602 million. Sage I...