Report
Nicolas David

SAP : Sapphire feedback: buyback programme to support share more than update to 2025 guidance

>After cloud migration, focus on cross selling - As in recent communications, SAP’s management was again extremely confident on the group’s outlook at the 2023 Sapphire event. In the immediate term, the head of Customer Success highlighted a stronger pipeline than that of last year. Despite an increasingly uncertain macroeconomic environment, clients are maintaining their investment decisions, not least as the cloud offers more agility and as the shortage of integrati...
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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