Report
Nicolas David

SAP : Croissance solide mais rentabilité sous pression

>Résultats T1 2022 en demi-teinte - SAP a publié vendredi des résultats T1 2022 mitigés : d’un côté, la croissance était solide, à +7% cc, légèrement supérieure aux attentes (+6% à cc) grâce à la résilience des revenus de Software Support (+1% vs -2.6%e), permettant de compenser des licences en berne (-36% à cc) et des revenus Cloud tout juste en ligne avec les attentes (+25% à cc). Le Current Cloud Backlog est en croissance de 24% à cc (hors impact de la Russie), en ...
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