logo
Share SHARE
FONT-SIZE Plus   Neg

SAP AG Q1 Prelim. Revenue Up; Backs 2012 Forecast - Quick Facts

SAP AG (SAP: Quote) 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

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
American Airlines Group said pilots at its subsidiaries American Airlines and US Airways, represented by Allied Pilots Association, have approved a new five-year contract which provides immediate pay raises of 23 percent and subsequent annual raises of three percent for the next five years. LEGO Group, TT Games and Warner Bros. Interactive Entertainment have announced their 2015 slate of video games, including LEGO Jurassic World, LEGO Marvel's Avengers, and as well as new hand-held and mobile titles. Social-networking giant Facebook, Inc. is said to be testing their new 'Place Tips' feature for iOS users that will rival a similar service being provided by Yelp or Foursquare. The feature will provide the user relevant content about their location as long as they are there through pop ups on their news feed page of Facebook.
comments powered by Disqus
RELATED NEWS
Trade SAP now with 
Follow RTT