Report
Andrew Lange
EUR 100.00 For Business Accounts Only

Sage Announces In-Line Full-Year Result; Focus on Execution Will Be Key in FY19; Shares Undervalued

Sage announced its full year fiscal 2018 results which were in line with our expectations. It has been a tumultuous year for the company with the firm’s transition to a cloud focused, subscription-based business model seeing some disruption along the way. With new CEO Steve Hare recently taking the helm, we expect Sage to focus on increased product innovation via elevated R&D spending, a concerted effort to ease the migration of users to cloud software products, and a simplification of the f...
Underlying
Sage Group plc

Sage Group is a technology provider that assists to manage businesses of all sizes. Co. provides a suite of cloud business management solutions and services including accounting, financials, enterprise management, people, payroll, payments and banking, as well as marketplace apps that can be provisioned to match the exact needs of any business. Co. has three reportable segments in which it operates, being Northern Europe (the U.K. and Ireland), Central and Southern Europe (Germany, Switzerland, Poland, France and Portugal) and NorthAmerica (the U.S., Canada and North America Intacct).

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Andrew Lange

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