The Sage Group plc reported revenue results for the first three months ended December 31, 2018. For the period, the company reported group organic revenue increased by 7.6% to £465 million for the first three months of the year. Recurring revenue increased by 10.5% to £387 million, underpinned by software subscription growth of 27.7% to £237 million, building on the momentum generated at the end of fiscal year 2018 as the business continues to focus on subscription, assisted by a softer comparator in first quarter of 2018.