CIMdata PLM Industry Summary Online Archive
21 October 2013
Financial News
SAP Announces Strong Quarter with Double-Digit Growth – Leading the Transition to Cloud and In-Memory
SAP AG today announced its financial results for the third quarter and nine months ended September 30, 2013:
- Third Quarter 2013 Non-IFRS Software and Cloud Subscription Revenue Increased 13% at Constant Currencies (6% at Actual Currencies to €1.17 Billion)
- Third Quarter 2013 Non-IFRS Software and Software-Related Service Revenue Increased 12% at Constant Currencies (5% at Actual Currencies to €3.36 Billion)
- Triple-Digit Year-Over-Year Growth in Cloud Subscription and Support Revenue – Annual Cloud Revenue Run Rate Now Exceeds €1 Billion
- Accelerating SAP’s In-Memory Leadership – 90% Year-Over-Year Growth at Constant Currencies in HANA Software Revenue (79% at Actual Currencies)
- Third Quarter 2013 Non-IFRS Operating Profit Reached €1.30 Billion, a 15% Increase at Constant Currencies (5% at Actual Currencies)
- Strong Growth in Third Quarter 2013 Earnings Per Share
- Full Year Outlook Reiterated
To view the unabridged version of this press release, visit: http://www.sap.com/corporate-en/news.epx?category=ALL&articleID=21745&searchmode=C&page=1&pageSize=10
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