SAP ANZ Announces Strong Q1 Financial Results

April 23, 2004 by SAP News 0

Sydney, AustraliaSAP Australia and New Zealand (ANZ) has
announced that total revenue in this region for Q1 grew by 10 per cent
over this time last year, while operating profit grew 19 per cent year-on-year.

These results are consistent with the positive Q1 results released by
SAP AG, announcing software revenues were 370 million Euro (2003: 352
million Euro), representing an increase of 5 per cent compared to 2003.
At constant currencies, software revenues increased 11 per cent year-over-year.
Total revenues were 1.6 billion Euro (2003: 1.5 billion Euro), which was
an increase of 2 per cent compared to 2003, and total revenues increased
8 per cent year-over-year.

SAP’s ANZ growth was driven by a combination of factors, including strong
uptake of mySAP ERP in the mining, retail, public sector and services
industries. New customers include national retail giant Franklins.

SAP continued to forge success in the Small & Midsize Business (SMB)
sector since its launch in November 2003, with the signing of 24 SAP Business
One resellers, 10 mySAP All-in-One resellers and close to 35 customer
contracts. Customers signed in Q1 to SAP’s range of purpose-built SMB
solutions include Australian cookware manufacturer Made For U Cook Gear
and New Zealand based electronics supplier, Rakon.

"SAP’s performance locally reflects our determination to remain the
number one provider of premium business solutions to our customers, be
they small businesses or large enterprises," said Geraldine McBride,
Chief Executive Office and Managing Director, SAP ANZ.

"Clearly our customers recognise SAP’s solutions as fundamental to
their growth and business flexibility.

"Our flagship integration applications platform Netweaver, and our
comprehensive product portfolio have also helped position us to grow faster
than the market.
"As a result, we are seeing growth both within and outside our traditional
customer space," said Ms McBride.

SAP expects to maintain business software leadership in ERP and SCM across
ANZ. Significant deals signed this quarter in the CRM space have also
enabled SAP to continue dominating this sector.