SAP Announces Preliminary Fourth Quarter and Full Year 2018 Results


SAP Announces Preliminary Fourth Quarter and Full Year 2018 Results

January 29, 2019 by SAP News

SAP Hits or Exceeds All Raised Outlook Metrics
Targets More Than 3x Cloud Revenue by 2023

Cloud Subscription and Support Revenue Up 32% (IFRS) and Up 38% (Non-IFRS at Constant Currencies)
in FY 2018
Cloud Backlog Increased 30%, Exceeding €10 Billion at Year-End
Cloud and Software Revenue Up 5% (IFRS) and Up 10% (Non-IFRS at Constant Currencies) in FY 2018
Cloud and Software Order Entry Exceeds €10 Billion, Up 14% at Constant Currencies in FY 2018
Operating Profit Up 17% (IFRS) and Up 10% (Non-IFRS at Constant Currencies) in FY 2018
Guiding for Up to 39% Non-IFRS Cloud Subscription and Support Revenue Growth and Up to 10% Non-IFRS Cloud and Software Revenue Growth in 2019 at Constant Currencies
Guiding for Up to 11.5% Non-IFRS Operating Profit Growth in 2019 at Constant Currencies – Faster Than Total Revenue Growth
Targeting More Than €35 Billion in Total Revenue by 2023
Walldorf, Germany — SAP SE (NYSE: SAP) today announced its preliminary financial results for the fourth quarter ended December 31, 2018.

SAP Earnings Q4-2018

Read the Q4 2018 Quarterly Statement

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