Report
Nicolas David

SAP : Feedback CMD : de l’efficacité opérationnelle… à défaut d’un levier naturel

>Focus sur l’efficacité opérationnelle - SAP n’a pas fait d’annonce particulière en marge de ce CMD comme nous pouvions nous y attendre, et ce, dans la mesure où la société avait déjà annoncé de nouveaux objectifs 2023 en avril et un retour aux actionnaires exceptionnel pour 2020 il y a quelques jours. Ce CMD était surtout l’occasion pour SAP de présenter les mesures d’efficacité opérationnelle qui permettront de soutenir ses ambitions de marge opérationnelle non-IFRS...
Underlying
SAP SE

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.

Provider
Oddo BHF
Oddo BHF

​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.

Analysts
Nicolas David

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