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Continuing strong performance and business transformation - Seite 3
Phase one of the transformation programme has been successfully delivered. For phase two we have ensured that we have the core management team, processes and culture to deliver the best technology ecosystem for our customers -- those business builders that drive the world's economy, creating jobs, growth and prosperity. Phase two of the transformation will continue to be non-linear and focus on driving more technology innovation with increasing focus on new customer acquisition as well as continuing to improve execution against the strategy for Business Builders. We are already starting to see Sage drive faster innovation, a more customer-obsessed DNA and colleagues making a difference in all of our communities through the Sage Foundation.
For FY17, the second full fiscal year of our transformation, our full year guidance for FY17 is for at least 6% organic revenue growth and at least 27% organic operating margin. We will continue to front-load investment in growth in H117, consistent with our execution last year. Consequently, we anticipate stronger H2 growth and accelerating momentum as we exit FY17."
About Sage
Sage -- the market and technology leader for integrated accounting, payroll and payment systems, powered by the cloud and supporting the ambition of the world's
entrepreneurs and business builders. Because when business builders do well, we all do.
For more information, visit www.sage.com
An analyst presentation will be held at 8.30am today at the London Stock Exchange plc, 10 Paternoster Square, London, EC4M 7LS. A live webcast of the presentation will be hosted on www.sage.com/investors, dial-in number +44 (0) 20 3427 1913, pin code: 5117993#. A replay of the call will also be available for two weeks after the event: Tel: +44 (0) 20 3427 0598, pin code: 51177993#
Rounding
As a result of rounding throughout this document, it is possible that tables may not cast and change percentages may not calculate precisely.
Non-GAAP measures
Unless stated otherwise all references to revenue operating profit are organic.
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Enquiries:
The Sage Group plc
+44 (0) 191 294 3897
Lauren Wholley
Investor Relations
Amy Lawson
Corporate PR
Tulchan Communications
+44 (0) 20 7353 4200
Jonathan Sibun