SAP Announces Third Quarter and First Nine Months 2016 Results

Geplaatst op door remcojansen

SAP Raises Outlook After Strong Third Quarter

  • Cloud and software revenue up 8% (IFRS) and up 9% (non-IFRS at constant currencies)
  • Cloud revenue up 28% (IFRS) and up 29% (non-IFRS at constant currencies)
  • Operating profit down 9% (IFRS) and up 1% (non-IFRS at constant currencies)
  • Operating cash flow up 52% in the third quarter and up 12% year-to-date
  • SAP S/4HANA is leading the digital transformation with more than 4,100 customers
SAP-Earnings_Q3-2016