Software: SAP steigert Umsatz und Gewinn – Aktie nachbörslich im Plus
Dank einer robusten Nachfrage hat sich das Wachstum des wichtigen Cloudgeschäfts im dritten Quartal wieder etwas beschleunigt. So gab der Softwarekonzern einen optimistischeren Ausblick.
SAP, the software giant, has surpassed market expectations in the third quarter, demonstrating robust growth in its future-focused business and improved profitability. The company reported a 13% increase in revenue to €10.3 billion, as announced on Wednesday evening. Following the announcement, the stock price saw a significant rise in after-hours trading, reaching as high as €214 per share.
In its post-announcement communication, SAP's Chief Financial Officer, Dominik Asam, affirmed that the company could simultaneously boost both revenue and profit. He highlighted the importance of "disciplined cost management and continuous growth momentum in the cloud." SAP's CEO, Christian Klein, described the third quarter as "outstanding."
The company's revenue from cloud products, typically provided as a service to clients, increased by 26% to €6.7 billion. The backlog of orders for the next twelve months, known as Current Cloud Backlog (CCB), grew by an impressive 28% to €24.1 billion. This metric is considered a crucial indicator of future business development.
SAP benefits from a special economic stimulus: many existing customers are retaining the current product generation centered around the S/4 Hana system due to their desire for IT modernization, and because SAP has discontinued maintenance for older products. New applications are often operated in the cloud.
Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
