Q3`15 revenues increased by 17.2% to €4.98bn and by 10% at constant currency. Cloud subscription and support revenues increased by 116% to €599m and by 90% at cc. Excluding the Concur Technologies acquisition, cloud revenues increased by only 53% (37% at cc). According to the company, EBIT increased by 5% to €1.21bn and 15% at cc. The EBIT margin declined from 27.2% to 24.4%. According to our calculations, the EBIT margin declined from 28.4% to 23.8%. The virtual EBIT margin, w
25 Oct 2015
Acquisitions and fx effects – the main growth drivers
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Acquisitions and fx effects – the main growth drivers
SAP SE (SAP:WBO) | 0 0 0.2% | Mkt Cap: 103,244m
- Published:
25 Oct 2015 -
Author:
Heinz Steffen -
Pages:
2
Q3`15 revenues increased by 17.2% to €4.98bn and by 10% at constant currency. Cloud subscription and support revenues increased by 116% to €599m and by 90% at cc. Excluding the Concur Technologies acquisition, cloud revenues increased by only 53% (37% at cc). According to the company, EBIT increased by 5% to €1.21bn and 15% at cc. The EBIT margin declined from 27.2% to 24.4%. According to our calculations, the EBIT margin declined from 28.4% to 23.8%. The virtual EBIT margin, w