Sage, the UK’s largest software company, beat expectations for first half sales on Wednesday, as the company’s resilient support services business helped it weather the downturn.
Sage, which provides business software for 5.8m small to medium-sized companies, is being hit by global recession, with underlying sales of its software down 15 per cent in the six months to the end of March. However, this was less than the 30 per cent falls in new licence sales seen at peers such as SAP and Dassault Systèmes.
