SAP AG (SAP) reported a 11% improvement in its first-quarter 2012 preliminary IFRS total revenue to 3.35 billion euros from the prior year's 3.02 billion euros. On a non-IFRS basis, preliminary revenue for the quarter amounted to 3.36 billion euros, 10% higher than 3.04 billion euros a year earlier.
In addition, SAP issued its second-quarter guidance, expecting software revenue to increase in a range of 15% - 20% at constant currencies, and non-IFRS software and software-related service revenue growth in a range of 14% - 16% at constant currencies.
For the full year 2012, the company anticipates non-IFRS software and software-related service revenue to increase in a range of 10% - 12% at constant currencies, including a contribution of up to 2 percentage points from SuccessFactors' business. Full-year non-IFRS operating profit is projected to be in a range of euro 5.05 billion euros - 5.25 billion euros at constant currencies.
by RTT Staff Writer
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