SAP : Better resilience in margins that it seems and good visibility
>Good resilience from the cloud which offers visibility along with maintenance - Yesterday morning, SAP reported its definitive Q1 2020 results, confirming the preliminary results published on 9 April, with sales up +5% at constant currency (cc; +4% org.). In terms of sales, the cloud (+25% cc) was one of the positive surprises in Q1, notably with the transactional activities which were ultimately not affected much by COVID-19. Ariba and Fieldglass were supported by a...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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