SAP Cloud Business Soars; Operating Profit Up Double-Digit; Raises 2018 Outlook and 2020 Ambition
- Cloud Revenue Growth Accelerates, Up 30% (IFRS) and Up 40% (Non-IFRS at Constant Currencies), Outpacing Competition
- New Cloud Bookings Up 29% at Constant Currencies on Top of a Strong Prior Year Quarter
- Strong Digital Core Innovation Cycle – 600 S/4HANA Customers Added in Q2, S/4HANA Customer Count Now Close to 9,000
- Double-Digit Operating Profit Growth Continues, Up 13% (IFRS) and Up 12% (Non-IFRS at Constant Currencies)
WALLDORF, Germany — SAP SE (NYSE: SAP) today announced its financial results for the second quarter ended June 30, 2018.