SAP : SAP is facing high expectations
>A broadly solid set of Q4 results - SAP released its Q4 results on Thursday morning and they came out broadly in line with forecasts at constant currencies. On the top line, the resilience of the Support segment (-1% cc) and a rebound in Services revenues (+10% cc) helped to offset a little weakness in Cloud revenue growth (+22% cc, i.e. 22.6% organic, which is slightly below the 23.7% organic growth achieved in Q3). The current Cloud backlog is also on the weak sid...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.
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