Log in
Forgot password ?
Become a member for free
Sign up
Sign up
Dynamic quotes 

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

Mes dernières consult.
Most popular
News SummaryMost relevantAll newsSector newsTweets
The feature you requested does not exist. However, we suggest the following feature:

En route to Davos, Macron makes Versailles the place to be

share with twitter share with LinkedIn share with facebook
share via e-mail
01/19/2018 | 03:55pm CET
FILE PHOTO: French President Emmanuel Macron  walks through the Galerie des Bustes (Busts Gallery) to access the Versailles Palace in July 2017.

French President Emmanuel Macron will host dozens of the world's most powerful business executives at the gilded Palace of Versailles to pitch France Inc before the global elite's annual gathering at Davos.

Goldman Sachs's (>> Goldman Sachs Group) Lloyd Blankfein, JP Morgan's (>> JP Morgan Chase & Company) Jamie Dimon and Facebook's (>> Facebook) Sheryl Sandberg will be among the chief executives at the summit that the presidency is dubbing "Choose France".

Elysee sources said "concrete" investment decisions would be announced.

"Monday, in the global business world, France will be the place to be," one presidential adviser quipped.

"Many investors will be in Europe for the Davos summit, so we've suggested a stopover in Paris," another Macron aide said.

Macron, a former investment banker, and his government are pushing through social and economic reforms to re-shape the French economy and restore France's image among investors.

Investors frequently complain of the country's high labour costs and rigid labour regulations, and remember his socialist predecessor's now-defunct 75 percent tax on millionaires.

French officials have also seized on Britain's decision to exit the European Union, Germany's complex coalition talks and Spain's Catalonia crisis to promote France as a haven of stability at the heart of the European single market.

Half of the companies represented at the grand palace of Versailles will be European, a quarter American, and another quarter from Asia and the Middle East, Elysee officials said.

The list of attendees reads like a Who's Who of international business and is a sign of the 40-year-old French leader's continued pulling power eight months into his presidency.

The include top executives from HSBC (>> HSBC Holdings), Bank of America (>> Bank of America), Google (>> Alphabet), Rolls Royce (>> Rolls-Royce), SAP (>> SAP), UPS (>> United Parcel Service), Bosch (>> Bosch), Alibaba (>> Alibaba Group Holding), JD.com (>> JD.com), GlaxoSmithKline (>> GlaxoSmithKline), Novartis (>> Novartis) and Cisco (>> Cisco Systems).

One of the aides said executives would "speed date" with French ministers in the afternoon before Macron joins them.

Dozens of investment projects will be discussed, and Elysee insiders expect four to five "significant and emblematic" announcements to be made, including one for a job-creating bricks-and-mortar factory in the industrial sector.

Two announcements in the digital sector and artificial intelligence will also be made, they said.

Macron, 40, then travels to Davos where in a speech on Wednesday he will set out his vision for the future of globalisation, the Elysee officials said. Widening inequalities, global warming and the rise of nationalism will feature in the 45-minute speech.

(Reporting by Michel Rose; Editing by Richard Lough)

By Michel Rose

share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news on SAP
03:55p En route to Davos, Macron makes Versailles the place to be
12:42p SAP : Survey Reveals Breaching Data Trust and Slow Service Response Drive Away U..
01/17 SAP : McKinsey, SAP, KPMG Face Criminal Complaints From South African Regulator ..
01/17 SAP : McKinsey, SAP, KPMG Face Criminal Complaints From South African Regulator
01/17 SAP : Wharfedale Announces Migration Service for SAP HANA to Public Cloud
01/16 SAP : Wharfedale Announces Migration Service for SAP HANA® to Public Cloud
01/11 KPIT TECHNOLOGIES : SAP Drives IoT Adoption with Global Partner Network
01/11 SAP : Penti Powers Its Business With SAP S/4HANA for Fashion, Vertical Business
01/11 SAP : Sponsored Oxford Economics Study Shows Retailers Expect Digital Transforma..
01/10 SAP : Announces Upgrade2Success Program to Help Customers Move HR to the Cloud
More news
News from SeekingAlpha
10:33a 'BLOCKCHAIN' ETFS : A Deep Dive Into BLCN And BLOK
01/18 Can Oracle's Autonomous Database Fend Off Amazon's Efforts?
01/04 Invesco International Growth Fund A (AIIEX) December Summary
01/04 Oppenheimer International Growth Fund Inst (OIGYX) December Summary
01/03 Big Data Is Hot But Some Investors Carry More Risk Than Oathers
Financials (€)
Sales 2017 23 528 M
EBIT 2017 6 416 M
Net income 2017 4 065 M
Debt 2017 2 017 M
Yield 2017 1,43%
P/E ratio 2017 27,08
P/E ratio 2018 24,16
EV / Sales 2017 4,85x
EV / Sales 2018 4,48x
Capitalization 112 B
Chart SAP
Duration : Period :
SAP Technical Analysis Chart | SAP | DE0007164600 | 4-Traders
Technical analysis trends SAP
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus OUTPERFORM
Number of Analysts 35
Average target price 100 €
Spread / Average Target 10%
EPS Revisions
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
Sector and Competitors
1st jan.Capitalization (M$)
SAP-2.43%137 333
INTUIT4.13%42 029