SAP Announces First Quarter 2016 Results

April 20, 2016 by SAP News 0

Cloud Revenue Up 33%;
IFRS EPS Up 38%;
Non-IFRS EPS Up 9%

Walldorf, Germany

  • Non-IFRS cloud and software revenue increased 5% to €3.85 billion (6% at constant currencies)
  • SAP S/4HANA momentum continues, now exceeding 3,200 customers
  • Growing operating profit amidst industry transformation in contrast to main peer
  • High visibility into strong second quarter and full year pipeline across all regions indicates increasing momentum as the year progresses – SAP firmly reiterates outlook

Read the SAP Q1 2016 Quarterly Statement

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