The much famed accountancy Software Corporation Sage Group claims that the financial results for the entire year soon will be according to analysts expectations.

Reuters report claims that the UK based firm offers its software to more than six million small and medium-sized enterprises and the company is seemingly elated about the Q3 results and will continue to grow throughout the year.

Sage Group CEO, Paul Walker excitedly stated that the company's exceptional performance is all credited to overall increased demand for its business management software and customer support offering a holistic approach.

He added: "However, the economic environment remains uncertain and we continue to manage our cost base prudently, whilst investing to enhance our competitive position."

Sage results have shown that the company's net debt dipped to £280 million as of 30 June, an amount lowered from £305 million as stated on 31 March.