SAP : Feedback from the AGM. Last 3-year mandate for Hasso Plattner. Will the buyback programme be as big as expected?
>Last 3-year mandate for Hasso Plattner but no plan for his succession was unveiled - During SAP’s AGM in Manheim yesterday, the mandate of Hasso Plattner (75 ) as president of the supervisory board was renewed for three years. This will be his last mandate, given his age. While the end of Hasso Plattner’s presidency was foreseeable and expected, this event was a reminder that he will be sorely missed in the company, insofar as he was the group’s big technology vision...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.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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