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28 Jan 2020
SAP: FY19 results in line; FY20 guidance upped but still slightly below our forecasts | BUY | EUR153
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SAP: FY19 results in line; FY20 guidance upped but still slightly below our forecasts | BUY | EUR153
SAP SE (SAP:WBO) | 0 0 0.2% | Mkt Cap: 103,244m
- Published:
28 Jan 2020 -
Author:
Gregory Ramirez -
Pages:
3
SAP - BUY | EUR153
FY19 results in line; FY20 guidance upped but still slightly below our forecasts
FY 2019 results were in line with expectations
SAP continued to benefit from cloud gross margin improvement
FY20 guidance is upped but remains slightly below our forecasts