SAP reports Q4 revenue of €7.5 billion, down 6% YoY

Friday, 29. January 2021 07:13

SAP SE reported on Friday that its revenue totaled €7.54 billion in the fourth quarter of fiscal 2020, representing a decrease of 6% compared to the same period a year ago.

Operating profit amounted to €2.66 billion in the three months ending with December 31, 2020, marking a jump of 26% from the same trimester in 2019. Diluted earnings per share rose by 19% on a yearly basis to reach €1.62 in the last quarter of 2020.

For the entire 2020, total revenue was €27.34 billion, a figure 1% lower than in 2019. Diluted earnings per share amounted to €4.35 in 2020, representing a surge of 56% from the previous year. Operating profit grew by 48% from €4.47 billion recorded in 2019 to €6.6 billion in the 12-month period ending with December 31, 2020.

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Breaking the News / MS