Report
Nicolas David

SAP : Vers un T4 2021 et des guidances 2022 peu enthousiasmants

>Marge brute solide mais envolée des Opex au T3 - SAP a publié hier matin ses comptes T3 2021 définitifs, avec quelques éléments nouveaux :Qualtrics affiche une croissance Software de 47% à cc dans la lignée des trimestres précédents (T2 : +48% à cc ; T1 : +46% à cc). Le titre a monté de 4% au Nasdaq hier.Pour autant, la croissance Cloud dans la zone Americas (+14% à cc) reste nettement plus faible que le reste du groupe (Groupe : +20% à cc dont EMEA : +28% ...
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

ResearchPool Subscriptions

Get the most out of your insights

Get in touch