Report
Nicolas David

SAP : T1 très supérieur aux attentes mais guidances FY 2021 presque inchangées

>CA Software 2.6% au-dessus des attentes, tiré par les licences - SAP a pre-annoncé hier soir des résultats T1 2021 globalement supérieurs aux attentes, avec notamment un CA de 6.35 Md€, 1.6% au-dessus des attentes. Cette surperformance est tirée par de très bonnes ventes de licences, qui sont en croissance de 11% à cc alors que le marché pariait sur une chute (Css : -18% rep ; ODDO BHF :-9% à cc). Il s’agit du plus haut niveau affiché depuis 5 ans, certes aidé par un...
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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