Sage still waiting for cloudy investments to make it rain as operating profit tumbles 10.5%

Revenue growth lags as biz makes subscription transition

Operating profit at accountancy software biz Sage dropped 10.5 per cent year-on-year to £382m for the company's 2018/19 results ended 30 September due to an increased investment in its cloudy products.…

via The Register - Data Centre: Cloud
https://go.theregister.co.uk/feed/www.theregister.co.uk/2019/11/20/sage_2019_fy_results/