Sage Group's Customer Retention Strategy Supports Growth -- Market Talk

Dow Jones11-20

0906 GMT - Sage Group's ability to buildup deeper customer relationships and higher lifetime values drives the company's growth, Shore Capital's Martin O'Sullivan writes in a note. The accounting-software specialist looks confident after delivering recent annualized recurring revenue progress and high-single-digit organic revenue growth amid a challenging environment. Additionally, Sage's investment in new technology to help small and medium companies streamline operational processes and address skills shortages reinforces confidence in the long term, the analyst says. Shares are up 16.1% at 1,250 pence. (najat.kantouar@wsj.com)

(END) Dow Jones Newswires

November 20, 2024 04:06 ET (09:06 GMT)

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Additionally, Sage's investment in new technology to help small and medium companies streamline operational processes and address skills shortages reinforces confidence in the long term, the analyst says. Shares are up 16.1% at 1,250 pence. 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The accounting-...</p>\n\n<a href=\"https://dowjonesnews.com/newdjn/logon.aspx?AL=N\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SGPYY","symbol_name":"Sage Group plc (The)","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2484016149","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2484016149","pubTimestamp":1732093560,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0906 GMT - Sage Group's ability to buildup deeper customer relationships and higher lifetime values drives the company's growth, Shore Capital's Martin O'Sullivan writes in a note. 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