SAP : The upside on FCF makes up for the strategic uncertainty on Qualtrics
>Not too many surprises in the release - Yesterday morning, SAP released its final Q2 2020 results, confirming the good figures pre1eannounced on 8 July. The financial report provides the following details: i/ in the cloud, Qualtrics generated a good performance (+34% y-o-y at constant currencies). The business network showed growth of +19% at cc, penalised notably by transactional revenues for Concur (where revenues were down -5% at cc) and Ariba; ii/ the margin impro...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.
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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.