SAP: Delivering solid performance in 2021 and keeping up in 2022 | BUY Top Picks | EUR145
SAP - BUY Top Picks | EUR145(+20%)Delivering solid performance in 2021 and keeping up in 2022
We reiterate our Buy rating and Top Pick status for Q1 2022
Preliminary results 2021 were slightly above expectations
Momentum on S/4HANA Cloud remained very strong in Q4
Guidance for 2022 is not really surprising, but offers upside potential
SAP is engaged in selling licenses for software solutions and related support services. Co. derives its revenue from fees charged to its customers for the use of its cloud solutions and for licensing of on-premise software products and solutions. Additional sources of revenue are support, professional services, development, training, and other services. Co. has more than 300,000 customers in over 180 countries. Co.'s SAP HANA platform holds the ability to simplify both the user experience and the overall IT landscape, creating a smaller data footprint, increased system throughput, and easier data processing and operation.
Since 1996, Bryan, Garnier & Co has been growing with an absolute conviction that the investment banking landscape would experience a major revolution: most of the large local generalist banking groups will disappear to the benefit of a handful of global powerhouses, and an emerging group of independent, highly specialised boutique investment banks.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.