Financial Times FT.com

Europe helps Sage buck slowdown

By John O’Doherty

Published: December 3 2008 10:14 | Last updated: December 3 2008 10:14

Strong demand in mainland Europe has helped Sage Group, Britain’s largest software maker, buck a slowdown in customer demand in the UK and North America.

Newcastle-based Sage, which has more than five million customers worldwide using its business and accounting software, said that growth in revenues from its support and maintenance services would compensate for weakness in new software sales.

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