SAP SE (SAP) Reports Q2 EPS of EUR0.62
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SAP Announces Q2 2023 Results
July 20, 2023 12:01 PM EDTin millions, unless otherwise stated; based on SAP group results from continuing operations
Cloud revenue up 19% and up 22% at constant currencies. SAP S/4HANA cloud revenue up 74% and accelerates to 79% at constant currenciesCurrent cloud backlog up 21% and up 25% constant currenciesIFRS cloud gross profit up 20%, non-IFRS cloud gross profit up 20% and up 24% at constant currencies, supported by completion of SAP's next-generation cloud delivery programIFRS operating profit up 28%, non-IFRS operating profit up 23% and up 28% at constant currenciesSAP updates its 2023 revenue and operating profit outlookExpands market opportunity through new SAP... More