Software firm Sage says on track to meet full-year targets

LONDON (Reuters) - British software company Sage said it was on track to meet its targets after strong growth in subscriptions helped organic revenue rise 6.2 percent in the six months to end-March.

The group, whose software helps more than 6 million customers run their small businesses, posted organic revenue of 682 million pounds ($1 billion), in line with its 6 percent growth target for the year.

Its operating margin increased 70 basis points to 28.1 percent, also in line with its full-year target, while pretax profit rose 4.9 percent to 173 million pounds.

(Reporting by Paul Sandle; editing by Sarah Young)