Report
Nicolas David

SAP : Résultats T4 définitifs : le diable est dans les détails

>Résultats T4 définitifs : débat sur la qualité de la marge - SAP a publié vendredi matin ses résultats T4 2020 définitifs. Les principaux éléments nouveaux sont les suivants : i/ croissance Cloud de +15% à cc (vs +13% à cc publié) hors impact négatif des flux transactionnels des solutions Intelligent Spend. Cela représente un ralentissement par rapport au +20% à cc au T3 hors flux transactionnels, lié à la faiblesse des prises de commandes depuis le T2. Qualtrics aff...
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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