Sage at a Glance

Sage is a leading supplier of business management software and services to 5.7 million customers worldwide.

Key facts:

• 14,800 employees
• 5.7 million customers
• Advise 1.7 million customers through support contracts
• Manage 36,000 customer calls a day
• Global network of 25,000 reseller partners and 40,000 accountants

Financial highlights

• Revenues increased by 9%* to £640.4m (H1 2007: £588.7m*)
• EBITA† margin maintained at 24% (H1 2007: 24%*)
• Adjusted pre-tax profit^ rose by 9% to £138.0m (H1 2007: £126.3m)
• Adjusted earnings per share^ increased by 9% to 7.30p (H1 2007: 6.72p)
• Operating cash flow of £187.4m, representing 123% of EBITA (H1 2007: 114%)
• Rebased interim dividend increased to 2.43p per share (H1 2007: 1.27p per share)

*Foreign currency results for the prior half-year ended 31 March 2007 have been retranslated based on the average exchange rates for the half-year ended 31 March 2008 of $2.01 and €1.35 to Sterling to facilitate the comparison of results.
†Earnings before interest, tax and amortisation of intangible fixed assets.
^Pre-tax profit and earnings per share figures stated prior to amortisation of intangible fixed assets and after neutralisation of foreign exchange movements.

Key financial information for the full year ended 30 September 2007

• Revenues increased by 30%* to £1,157.6m (2006: £892.4m*)
• EBITA increased by 20%* to £283.2m (2006: £235.9m*)
• Adjusted pre-tax profit after amortisation charges rose by 14% to £251.3m (2006: £221.3m)
• Adjusted earnings per share^ increased by 13% to 13.34p (2006: 11.83p)
• Operating cash flow of of £317.1m (2006: £267.1m) representing 112 % of EBITA (2006 : 107 %)
• Dividend rebased resulting in a 95% increase in the proposed total dividend to 7.00p (2006: 3.59p)

*Foreign currency results for the year ended 30 September 2006 have been retranslated based on the average exchange rates for the year ended 30 September 2007 of $1.98/£1 and €1.48/£1 to facilitate the comparison of results.

^ EPS figures stated prior to amortisation of intangible assets.