Report
Nicolas David

SAP : SAP should prove resilient again but less flamboyant in Q3

>Set for a less flamboyant Q3 than H1 due to the macroeconomy… - SAP is set to report its Q3 2024 results on 21 October after the close of trading. As in previous quarters, the group should be resilient in the face of macroeconomic headwinds as its clients are obliged to carry out the transition towards S/4 Hana in anticipation of the deadline for the end of ECC support (without additional costs) at end-2027. Nevertheless, macroeconomic trends are likely to have an im...
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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