SAP today posted its final Q2 figures, confirming the preliminary results reported last week. The company raised its operating cash flow and FCF expectations for the year. It also announced the listing of Qualtrics, which it acquired in November 2018, while keeping a majority stake in the company, which looks logical given the synergies between both. All in all, this is positive news.
27 Jul 2020
FCF target raised and further cash to come with Qualtrics IPO
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FCF target raised and further cash to come with Qualtrics IPO
SAP SE (SAP:WBO) | 0 0 0.2% | Mkt Cap: 103,244m
- Published:
27 Jul 2020 -
Author:
Luis Pereira -
Pages:
2
SAP today posted its final Q2 figures, confirming the preliminary results reported last week. The company raised its operating cash flow and FCF expectations for the year. It also announced the listing of Qualtrics, which it acquired in November 2018, while keeping a majority stake in the company, which looks logical given the synergies between both. All in all, this is positive news.