Report
Nicolas David

SAP : SAP continue de faire monter les attentes pour 2024 et 2025

>Résultats T1 2023 globalement solides. Guidance réitérée hors Qualtrics - Les résultats T1 2023 de SAP se sont révélés globalement solides, avec une croissance à cc de c. +9% y/y (ODDO BHF : +8% cc), alimentée par une bonne résilience des licences (-13% cc vs ODDO BHF : -35%), grâce à la signature de quelques gros contrats. La croissance du Cloud ressort à 22% cc, en bas de fourchette de la guidance annuelle (22%-25% cc) et en ligne avec nos attentes. Les revenus de ...
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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