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Industry Summary Articles

Friday, July 20, 2018

SAP Announces Second Quarter and Half-Year 2018 Results

SAP today announced its financial results for the second quarter ended June 30, 2018.

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)

To view the original press release, including associated images, please click here.

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