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Sage thrives in its key markets

By Daily Mail Reporter
Updated: 06:01 EDT, 27 January 2011

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Software company Sage Group's performance in the first quarter of its financial year was on track with expectations as spending by small businesses continued.

Chief executive Guy Berruyer, who took the reins last October, said growth has been supported by a 'gradual recovery' in Sage's key markets, small to medium-sized businesses in developed economies.

Sage (up 5.2p at 288.5p) said revenue growth had resumed after it reported in December that organic revenue grew 3% in the six months to the end of September.

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