//
The FTSE 100-listed company has posted a figure of £307.5 million for the 12-month period, while revenue fell by the same amount to £1.44 billion.
These results met the expectations of analysts in a poll conducted by Reuters and the news prompted shares in the business to climb during morning stock market trading.
At 11:13 GMT, its stock was up 2.24 per cent to 219.5p, after the Reuters research showed that the markets expected pre-tax profit to total £296.8 million and revenue to be £1.44 billion.
"Our customers continue to rely on us as a trusted partner in running their businesses more efficiently," said chief executive of Sage Paul Walker.
He added that demand for its products is still strong and that the current business model has helped it to "navigate through the economic downturn".
Posted by Greg Secker
