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RSS FeedsSAP Pre-Announces Strong Second Quarter Results Amid COVID-19 Crisis
(WorldNews Germany)

 
 

9 july 2020 03:25:38

 
SAP Pre-Announces Strong Second Quarter Results Amid COVID-19 Crisis
(WorldNews Germany)
 


WALLDORF, Germany - After an initial review of its second quarter 2020 performance, SAP SE (NYSE: SAP) today announced its preliminary financial results for the second quarter ended June 30, 2020. SAP Pre-Announces Strong Second Quarter Results Amid COVID-19 Crisis - Significant Increase in Operating Profit and Operating Margin IFRS Cloud Revenue Up 21%; Non-IFRS Cloud Revenue Up 19% Current Cloud Backlog Up 20% Software Licenses Revenue Down 18%, A Strong Sequential Improvement Compared To The First Quarter IFRS Cloud & Software Revenue Up 4%; Non-IFRS Cloud & Software Revenue Up 3% IFRS Operating Profit Up 55%; Non-IFRS Operating Profit Up 8% IFRS Operating Margin Up 6.5pp; Non-IFRS...


 
16 viewsCategory: General > Europe > Germany
 
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