We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type |
---|---|---|---|
Sap SE | TG:SAP | Tradegate | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.51999 | 0.30% | 171.14 | 171.18 | 171.20 | 171.20 | 169.42 | 170.98 | 9,433 | 11:24:52 |
By Mauro Orru
SAP (SAP.XE) said Tuesday that net profit and revenue for the fourth quarter of 2019 increased on year, and it upwardly revised guidance for 2020.
The German software company reported net profit of 2.18 billion euros ($2.4 billion) on a non-IFRS basis in the fourth quarter compared with EUR1.79 billion a year earlier. Operating profit for the period was EUR2.84 billion on a non-IFRS basis, beating Vara Research estimates of EUR2.83 billion.
Revenue was EUR8.05 billion on a non-IFRS basis, up from EUR7.43 billion a year earlier, with cloud and software contributing EUR6.86 billion on a non-IFRS basis, against Vara Research estimates of EUR6.92 billion.
SAP said it now expects 2020 revenue on a non-IFRS basis of between EUR29.2 billion and EUR29.7 billion at constant currencies, up from previous guidance of EUR28.6 billion and EUR29.2 billion. It also sees 2020 operating profit on a non-IFRS basis of between EUR8.9 billion and EUR9.3 billion at constant currencies, up from previous guidance of between EUR8.8 billion and EUR9.1 billion.
Write to at mauro.orru@wsj.com
(END) Dow Jones Newswires
January 28, 2020 01:45 ET (06:45 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
1 Year Sap Chart |
1 Month Sap Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions