Peachtree 2009 Annual Report Download - page 13

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Please find page 13 of the 2009 Peachtree annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

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UK
£250
•Good
p
erformance
g
iven market
£200m
£250
m
£248m £242m
pg
challenges
•Organic revenue decline of 3%
Sb i i 5%
£122m £122m
£150m
–
S
u
b
scr
i
pt
i
on +
5%
–Software and software-related services -19%
–Sage Pay grew strongly, and has significant
potential
£50m
£100m
35%
36%
potential
–Accountants’ Practice Solutions performed well
with enhanced service levels
–
Accounting and ERP including
Sage 50
37%
margin
37%
margin
£0m
FY08 FY09
35%
margin
36%
margin
–
Accounting
and
ERP
,
including
Sage
50
,
declined 5% in difficult market conditions
•EBITA margin 35% (FY08: 36%)
Revenue EBITA
–Margin pre-restructuring costs was 38%
–Maintained investment in products and brand
13
At constant exchange rates