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