Report
Nicolas David

SAP : Un début d’année qui ne devrait pas enthousiasmer le marché

>Vers une croissance sans relief au T1 - SAP publiera ses résultats T1 2022 le 22 avril prochain, avec une possible pre-annonce à partir de cette fin de semaine en cas de déviation significative par rapport aux attentes du marché.Du point de vue de la croissance la prudence est de mise, et ce, pour plusieurs raisons : i/ la croissance org du Cloud ne devrait que marginalement accélérer au T1 2022 (25% à cc dont 23% org) vs T4 2021 (+24% à cc dont 22% org). Le con...
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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