Sage Group reiterated its full-year guidance in a trading update that showed revenues had grown in the third quarter (Q3) despite ongoing macroeconomic uncertainty. The FTSE 100-listed enterprise software group said Q3 total revenues were up 9% at £1.86 billion, driven by continuing growth across its Business Cloud portfolio. Sage Business Cloud revenues increased by 13% to £1.53 billion, driven by growth from both new and existing customers. The company said its North American revenue was up 11% at £846 million in Q3, while UK and European revenues grew by 9% to £539 million and by 6% to £477 million, respectively. Sage also noted that recurring revenue grew by 10% to £1.8 billion, reflecting continued momentum in annualised recurring revenues, while software subscription revenues were up 11% at £1.54 billion. In early trading, Sage shares rose 1.8%.
Taylor Wimpey cut its annual profit guidance and reduced its interim dividend after half-year results showed it swung to a big loss due to one-off exceptional charges. The housebuilder said group operating profits are now expected to come in at £424 million for full-year 2025, down from April's guidance of £444 million due to charges relating to principal contractor remediation works on a historical site. The FTSE 100-listed company raised its cladding fire safety provision by £222 million. reflecting findings from updated fire risk assessments and investigations in the first half. That, and other one-off charges, resulted in a pre-tax loss of £92.1 million for the first six months of 2025, compared with a £99.7 million profit the year before. As a result, the firm reduced its interim dividend to 4.67p per share, down from 4.80p a year earlier. Taylor Wimpey shares were down 7.1% in early trading.
Aston Martin Lagonda downgraded its full-year profit outlook as it reported weak interim results, in part blaming disruption from US tariffs. In the six months to 30 June, the luxury car maker posted a pre-tax loss of £140.8 million, albeit an improvement on a loss of £216.7 million at the same stage last year. However, first half revenue fell by 25% to £454.4 million, the FTSE 250-listed firm said, while total wholesale volumes dipped by 4% to 1,922. Aston Martin said it still expects to deliver modest wholesale volume growth in full-year 2025, while the gross margin is expected to be broadly in line. But the company now predicts its adjusted earnings (EBIT) to be towards breakeven, having previously forecast a positive adjusted EBIT. In early trading, Aston Martin shares were 6.0% lower.
Half year results 2025 - - Taylor Wimpey (TW.)
Statement re: possible recommended cash offer - - International Personal Finance (IPF)
