Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

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

SAP SE (SAP)

Real-time Quote. Real-time Tradegate - 07/29 06:04:58 pm
78.363 EUR   +0.14%
07/28 Oracle to gain cloud clout with NetSuite deal; Ellison profits
07/28DJLARRY ELLISON : Oracle to Buy Cloud-Software Provider for $9.3 Billi..
07/28SAP SE : A correction would be a logical outcome
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

SAP Defies Industry Trend

share with twitter share with LinkedIn share with facebook
share via e-mail
0
04/19/2013 | 08:15am CEST

SAP AG (>> SAP AG), the world's third-largest software maker by sales, continued to outperform its business-software peers Friday as flourishing sales of database and web-based applications pulled profits higher.

The company, based in Walldorf, Germany, outshone main rival Oracle Corp. (>> Oracle Corporation), posting a 17% rise in net profit to EUR520 million ($678.7 million) and a 7% increase in revenue. Oracle's net profit, in contrast, was flat in the December-to-February quarter as revenue declined slightly.

Accenture (>> Accenture Plc), which helps companies to implement software from SAP, Oracle and the like, also gave a disappointing outlook.

"We gained significant market share, in particular from our primary competitor, but also, I'd say, from most of our competitors," said Jim Hagemann Snabe, SAP Co-Chief Executive.

SAP makes software products that help companies to do their accounting and manage relationships with customers. The group, whose clients include many of the world's largest corporations like Procter & Gamble (>> The Procter & Gamble Company), Intel (>> Intel Corporation) and Lenovo (>> Lenovo Group Limited (ADR)), has branched out into fields such as cloud and mobile applications in recent years, and has great hopes for its new database software, called HANA, which allows customers to analyze vast amounts of data in a short time.

Revenue from cloud-based software and of related support more than quadrupled compared with a year earlier, outpacing Salesforce.com (>> salesforce.com, inc.), the leader in the field. Salesforce's last earnings report showed a 32% revenue increase in the November-to-January period. SAP's EUR137 million in cloud revenue, however, trails Salesforce.com's $835 million.

Revenue from HANA database software revenue also tripled year-on-year to EUR86 million.

Analysts, however, said that software revenues, which rose only 3%, and earnings before interest and tax were below their expectations.

Co-CEO Bill McDermott said a weakening business in Asia was the main reason for the slowdown. Vacancies at top management positions in the region were temporarily unfilled, which prompted some customers to defer purchases, according to Mr. McDermott.

However, business in the region will likely catch up in the second quarter as the positions have now been filled, he said.

Software revenue will continue to rise medium and long-term despite the recent slowdown, predicted Mr. McDermott.

In most cases, web-based applications won't replace on-premise software because software can handle more complex tasks, he said. Customers will use both on-premise and cloud applications, he said.

The company confirmed its full-year guidance and said it fully expects to meet its 2015 goals.

SAP is forecasting an increase in software and cloud subscription revenue of 14% to 20% and operating profit between EUR5.85 billion and EUR5.95 billion in 2013. The numbers are adjusted for currency swings and not consistent with international financial reporting standards. By 2015, it expects to reach revenue of more than EUR20 billion.

Write to Friedrich Geiger at friedrich.geiger@wsj.com

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on SAP SE
07/28 Oracle to gain cloud clout with NetSuite deal; Ellison profits
07/28DJLARRY ELLISON : Oracle to Buy Cloud-Software Provider for $9.3 Billion
07/26 SAP ARIBA : Ranked as a Leader in Contract Life-Cycle Management for Buy-Side Co..
07/26DJEU Privacy Regulators Approve Data-Transfer Deal With U.S.
07/26 SAP SE : Ricoh Innovations Announces Global Reseller Agreement With SAP, Enablin..
07/26 SAP SE : HR Tech Guru Naomi Lee Bloom Tells 'Firing Line with Bill Kutik' More R..
07/21 SAP SE : AvePoint Bridges the Gap Between Microsoft SharePoint and SAP Jam with ..
07/21 SAP SE : Rimini Street Announces Preliminary Fiscal 2016 Q2 Financial Results
07/21 SAP SE : Labs to hire 1,500 for research work this year
07/21 SAP SE : Acquisition Law License Update Database Design and Sybase for a period ..
More news
Sector news : Enterprise Software
04:26pDJMICROSOFT : Cortana on the Xbox One is Good for Gamers
04:55aDJFacebook May Owe Billions More in Taxes
03:05aDJMICROSOFT : to Shed 2,850 Additional Jobs
07/28 Oracle to gain cloud clout with NetSuite deal; Ellison profits
07/28DJMICROSOFT : to Shed 2,850 Additional Jobs
More sector news : Enterprise Software
News from SeekingAlpha
07/25 SAP VS. ORACLE : Race Of The Dinosaurs
07/21 WALL STREET BREAKFAST : ECB Holds First Meeting Since Brexit
07/20 SAP SE (SAP) William R. McDermott on Q2 2016 Results - Earnings Call Transcri..
07/20 SAP up sharply after strong quarter
07/20 SAP AG 2016 Q2 - Results - Earnings Call Slides
Advertisement
Financials (€)
Sales 2016 21 941 M
EBIT 2016 6 317 M
Net income 2016 3 901 M
Debt 2016 3 513 M
Yield 2016 1,58%
P/E ratio 2016 23,32
P/E ratio 2017 20,79
EV / Sales 2016 4,54x
EV / Sales 2017 4,16x
Capitalization 96 130 M
More Financials
Chart SAP SE
Duration : Period :
SAP SE Technical Analysis Chart | SAP | DE0007164600 | 4-Traders
Full-screen chart
Technical analysis trends SAP SE
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 39
Average target price 78,9 €
Spread / Average Target 0,87%
Consensus details
EPS Revisions
More Estimates Revisions
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
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
SAP SE5.90%106 502
ORACLE CORPORATION12.76%169 815
INTUIT INC.16.10%28 668
THE SAGE GROUP PLC18.31%10 156
NETSUITE INC28.11%8 720
CONSTELLATION SOFTWARE..-6.97%8 533
More Results