SAP's EPS falls 3% in Q4 to €1.37

Tuesday, 28. January 2020 07:03

SAP said on Tuesday that its IFRS revenue was €8 billion, increasing 8%, year-on-year, led by a jump of 35% in cloud revenue in the same period. Its basic earnings per share (EPS) were down by 3% to €1.37 and operating profit declined by 11% to €2.1 billion compared to the same quarter a year ago.

The company's basic EPS for the full-year 2019 was €2.80 as it fell 18% compared to 2018. Meanwhile, operating profit in the full-year dropped by 21% to €4.5 billion, but total revenue was up 12% year-on-year to €27.5.

Co-CEOs Jennifer Morgan and Christian Klein said: "SAP’s strategy to be the experience company powered by the intelligent enterprise is resonating.More and more customers are turning to SAP and Qualtrics to close their experience gap. At the same time, we continue to see strong adoption of S/4HANA as the core of the intelligent enterprise across all deployment models."

Related Links: SAP SE
Author:
Breaking the News / VP