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4-Traders Homepage  >  Equities  >  Xetra  >  SAP SE    SAP   DE0007164600

SAP SE (SAP)

Delayed Quote. Delayed  - 09/23 05:35:11 pm
81.63 EUR   -0.89%
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SAP : GROM to Participate in Ninth Annual SAP for Utilities Conference

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09/23/2016 | 03:02pm CEST

Flemington, NJ (PRWEB) September 23, 2016

GROM, an SAP silver partner, today announced that it will participate at the SAP for Utilities conference being held October 9-12, 2016 at the Hyatt Regency in Huntington Beach, California, to share its insights from performing one of the first S/4HANA 1511 migrations in the U.S.

Now in its ninth year, SAP for Utilities is the annual go-to event that unites over 1,000 utilities professionals from across North America and the globe. All sectors of the Utilities industry--including power generation, transmission, distribution, retail, gas, water, waste, recycling and more--will be served with innovative solutions, fresh ideas and thought-leading insights to improve business performance. The keynote speaker for this year's event is NFL legend Peyton Manning. SAP for Utilities is a collaboration between SAP, Eventful Conferences and ASUG.

"The Utilities industry is a major industry focus for GROM. An event like this allows us to single thread on the challenges of our Utilities industry customers, and on the S/4HANA questions that are particular to their unique needs," said Robert A. Grom, founder and CEO of GROM. "The merging of what The Eventful Group and ASUG each do well, respectively, is a win-win for everybody. We're really excited to be a part of it."

About GROM
GROM is among the most experienced system integrators supporting SAP solutions in the U.S. In 1988, GROM was part of the team that performed one of the first implementations of SAP software in North America and became an SAP services partner in 1994. GROM has provided consulting services to over 400 Fortune 2000 clients. GROM guides clients through their digital transformation utilizing SAP strategy, execution and operational services. GROM continues to be on the leading edge of SAP technology with deployments of SAP S/4HANA Finance, analytics and cloud solutions following industry best practices.

# # #

SAP, ASUG, the Eventful Group, and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE (or an SAP affiliate company) in Germany and other countries. See http://www.sap.com/corporate-en/legal/copyright/index.epx for additional trademark information and notices. All other product and service names mentioned are the trademarks of their respective companies.

Read the full story at http://www.prweb.com/releases/2016/09/prweb13701178.htm

(c) 2016 PRWEB.COM Newswire, source Press Releases

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Financials (€)
Sales 2016 21 953 M
EBIT 2016 6 310 M
Net income 2016 3 924 M
Debt 2016 3 540 M
Yield 2016 1,51%
P/E ratio 2016 24,29
P/E ratio 2017 21,52
EV / Sales 2016 4,73x
EV / Sales 2017 4,34x
Capitalization 100 283 M
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Mean consensus OUTPERFORM
Number of Analysts 38
Average target price 79,5 €
Spread / Average Target -2,5%
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Managers
NameTitle
William R. McDermott Chief Executive Officer
Hasso Plattner Chairman-Supervisory Board
Christian Klein Chief Operating Officer
Luka Mucic Chief Financial Officer
Thomas Saueressig Chief Information Officer
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