Total revenues remained flat at around €5.26bn (-0.4%) Cloud subscription revenues increased 18.3% (31% at cc) to €1.07bn Licence revenues dropped 9.6% to €625m and maintenance revenues 2.7% to €2.66bn Real EBIT jumped 54.9% to €1.02bn and the EBIT margin increased from 12.4% to 19.3% Outlook more positive due to the first-time consolidation of Callidus. Cloud revenues are expected to range between €4.85bn and €5.15bn (previously €150m less)
24 Apr 2018
Strong earnings momentum but flat revenues
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Strong earnings momentum but flat revenues
SAP SE (SAP:WBO) | 0 0 0.2% | Mkt Cap: 103,244m
- Published:
24 Apr 2018 -
Author:
Heinz Steffen -
Pages:
3
Total revenues remained flat at around €5.26bn (-0.4%) Cloud subscription revenues increased 18.3% (31% at cc) to €1.07bn Licence revenues dropped 9.6% to €625m and maintenance revenues 2.7% to €2.66bn Real EBIT jumped 54.9% to €1.02bn and the EBIT margin increased from 12.4% to 19.3% Outlook more positive due to the first-time consolidation of Callidus. Cloud revenues are expected to range between €4.85bn and €5.15bn (previously €150m less)