Shares in Sage Group plc have climbed 3.4% today (writing at 1pm).
The rise followed the announcement of a share buyback programme, commencing today, and the publication of strong annual results.
The share buyback is for aggregate consideration of up to £300 million, which will run no later than 19th March 2026. Sage is also increasing its full-year dividend by 7% to 21.85p.
For the year ended 30th September 2025, the North East accountancy tech giant reported a 10% increase in revenue to £2.51 billion. Underlying operating profit grew by 17% to £600m, while EBITDA increased by 15% to £694m.
Growth was strong across the UK, North American and European divisions.
However on 31st March 2026, after almost five years at Sage, Walid Abu-Hadba (pictured) will step down as chief product officer and take on a new role as technology advisor to the group in a part-time capacity. The search for a successor is underway.
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“Sage delivered another good performance in FY25. Strong, broad-based revenue growth and significant margin expansion reflect our focus on strategic execution, our resilient business model, and continuing investment in our products, our platform and our people,” said CEO Steve Hare.
“We are excited by the pace of technological change. AI is opening up new possibilities for businesses and creating a significant opportunity for Sage, enabling us to enhance and accelerate the benefits our software provides.
“Sage Copilot is already creating value, helping customers make smarter decisions and be more productive, while our launch of AI agents is delivering the next wave of intelligent solutions.
“With our global platform, trusted brand and focused innovation strategy, Sage is exceptionally well positioned to support small and mid-sized businesses as they adopt AI-enabled services. This drives confidence in our ability to deliver strong, sustainable growth and long-term value for all stakeholders.”
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