Report
Nicolas David

SAP : Résultats T2 2020 nettement meilleurs qu’attendu

>Croissance solide au T2. Licences nettement moins faibles qu’attendu - SAP a annoncé hier soir après Bourse les principaux éléments de ses résultats T2 2020. Cette annonce fait ressortir des revenus Cloud & Software non-IFRS en hausse de 3% supérieurs aux attentes (Oddo BHF : +1% ; Consensus Vara Research : -0.4%). Cette performance tient à une relative bonne tenue des ventes de licences, qui sont en baisse de 18% y/y soit un chiffre moins négatif qu’au T1 (-31%...
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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