SAP : Focus on growth in the cloud and less on margins
>Favourable growth in Q3 2018 - SAP reported Q3 2018 sales of € 6.03bn, up 10% cc and +9% organic (excluding Callidus), a figure which is 1% higher than forecast. This is an excellent performance, in line with Q2, despite the accelerated transition to the cloud: growth in cloud revenues of +41% y-o-y at constant currency (cc) in Q3, i.e. around +35% organic, in line with Q2, but above all, an increase of 37% cc in new cloud bookings (around +32% organic), i.e. the hig...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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