Peachtree 2010 Annual Report Download - page 16
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Total revenues declined
4%
Total
revenues
declined
4%
•Organic revenue contraction of 3% (H2:
2% contraction)
–Subscription -2% organic
–Software and software-related services -9%
organic
•Improving revenue trend for business
–SBS contracted 3% organically. Cautious
optimism returning to
mid
market
optimism
returning
to
mid
-
market
–Sage Payment Solutions Division flat
organically. Cross-sell gaining traction
S
H lth Diii t td
5%
–
S
age
H
ea
lth
care
Di
v
i
s
i
on con
t
rac
t
e
d
5%
organically. Impact of stimulus expected
from April 2011 onwards
EBITA i 22% (FY09 18%)
•
EBITA
marg
i
n
22%
(FY09
:
18%)
–Margin in FY09 excluding restructuring
costs was 20%
1
6
–Sage Healthcare margin 20% (FY09: 17%)
At constant exchange rates
£600m
Revenue
£576m
Revenue
£450m
£500m
£550m
£576m
Revenue
£550m
£
£350m
£400m
£450m
£200m
£250m
£
300m
37%
£50m
£100m
£150m
margin
£0m
FY09 FY10
Sage Payment Solutions Division
Sage Business Solutions Division (SBS)
Sage Healthcare Division
6