Report
Nicolas David

SAP : SAP douche les attentes pour 2021 et 2022 pour cause de COVID…et de Cloud

>Résultats T3 en demi-teinte, perturbés par la seconde vague de COVID-19 - SAP a publié des résultats T3 mitigés, avec un CA de 6.54 Md€, -5% inférieur aux attentes à la fois en raison de Forex plus négatifs et d’une performance plus faible à cc à la fois au niveau i/ du Cloud : +14% y/y vs ODDO BHF : +22% à cc. L’écart provient du segment Intelligent Spend (Concur, Ariba et Fieldglass) en baisse de 3% à cc. Hors Intelligent Spend la croissance est de 26% à cc ; ii/ d...
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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