Soccer team in a huddle

SAP Announces Third Quarter and First Nine Months 2016 Results

Press Release | October 21, 2016 by SAP News

SAP Raises Outlook After Strong Third Quarter

  • Cloud and software revenue up 8% (IFRS) and up 9% (non-IFRS at constant currencies)
  • Cloud revenue up 28% (IFRS) and up 29% (non-IFRS at constant currencies)
  • Operating profit down 9% (IFRS) and up 1% (non-IFRS at constant currencies)
  • Operating cash flow up 52% in the third quarter and up 12% year-to-date
  • SAP S/4HANA is leading the digital transformation with more than 4,100 customers

WALLDORF, GermanySAP SE (NYSE: SAP) today announced its financial results for the third quarter and nine months ended September 30, 2016.

SAP-Earnings_Q3-2016

Read the Quarterly Statement

Tags: ,

Leave a Reply