Steve Hare, Sage chief executive, said business confidence was growing and companies were becoming more keen to invest in technologyThe accountancy software developer Sage predicted that annual growth would be at the top end of forecasts after signing up more customers to subscription products. The FTSE 100 group, which makes accounting and payroll tools for small and medium-sized businesses, reported a stronger-than-expected 4.4 per cent rise in organic recurring revenue in the six months to the end of March. SponsoredThe company said that it now expected growth for the year to be towards the upper end of its previous forecast range, between 3 per cent and 5 per cent. Steve Hare, chief executive, said his clients were regaining their confidence as the economy reopened, with recurring revenues growing at their fastest rate since 2019. “We can see the kind of optimism and confidence coming
Source: The Times May 14, 2021 11:06 UTC