By Heather McLean, 10 October 2001 12:00
NEWS Sage has admitted the 11 September attacks have damaged sales revenue for the remainder of its financial year. Despite this, the UK accountancy software developer for SMEs said its financial year revenue ending 30 September will meet analyst expectations. An analyst concensus for pre-tax profit sits at £122m with revenue at £489m. Today Sage shares were down 0.29 per cent from opening to 169.00p. A statement from the company said: "The new financial year is only a few days old and it is too early to predict how the aftermath of 11 September will affect the outcome for the full year." Full year results will be released on 5 December.
In order to post a comment you need to be registered and logged in.
Log in or create your silicon.com account below