SAP

DE0007164600

Software

Market Closed - Xetra Other stock markets 11:44:39 2024-04-26 am EDT			5-day change	1st Jan Change
174 ^EUR	+2.23%		+4.95%	+24.75%

Apr. 26	SAP SE : Deutsche Bank reaffirms its Buy rating	ZD
Apr. 26	130,000 visitors at Hannover Messe	DP

SAP : CEO targets margins, bullish on world economy

January 30, 2018 at 07:15 am EST

WALLDORF, Germany (Reuters) - Germany's SAP will drive margin expansion this year by streamlining its business, CEO Bill McDermott told Reuters in an interview on Tuesday.

"This year, the entire company will be on one platform," McDermott said after SAP announced 2017 results that met its twice-raised guidance but came in just shy of analyst expectations.

The world economy is "about as good as it gets", the 56-year-old American CEO said, pushing back against fears that rising trade protectionism could hurt globally diversified businesses like SAP, Europe's most valuable technology company.

(Reporting by Douglas Busvine and Eric Auchard; Editing by Maria Sheahan)

Stocks treated in this article : Callidus Software Inc., SAP

Latest news about SAP SE

SAP SE : Deutsche Bank reaffirms its Buy rating	Apr. 26	ZD
130,000 visitors at Hannover Messe	Apr. 26	DP
Severance programs for SAP job cuts in Germany finalized	Apr. 25	DP
Barclays Adjusts SAP's Price Target to $210 From $212, Keeps Overweight Rating	Apr. 24	MT
Barclays Keeps SAP at Overweight, Trims PT	Apr. 24	MT
SAP SE : JP Morgan gives a Buy rating	Apr. 24	ZD
SAP SE : Baader Bank gives a Buy rating	Apr. 24	ZD
SAP SE : Berenberg keeps its Buy rating	Apr. 24	ZD
SAP SE : Barclays maintains a Buy rating	Apr. 24	ZD
Berenberg Lifts Price Target on SAP to EUR195 From EUR190, Cites Better Visibility Into Near-Term Estimates, Keeps Buy Rating	Apr. 24	MT
SAP : Barclays remains positive, adjusts its target	Apr. 24	CF
Goldman raises target for SAP to 225 euros - 'Buy'	Apr. 24	DP
SAP SE : Goldman Sachs reaffirms its Buy rating	Apr. 24	ZD
Global markets live: Bayer, PepsiCo, Halliburton, Spotify, Apple...	Apr. 23
SAP SE : DZ Bank sticks Neutral	Apr. 23	ZD
European Equities Traded in the US as American Depositary Receipts Jump in Tuesday Trading	Apr. 23	MT
Corporate results bound the become the next catalyst for markets	Apr. 23
Sector Update: Tech Stocks Steady Premarket Tuesday	Apr. 23	MT
Trending : SAP's Cloud Momentum Accelerated Further in 1Q	Apr. 23	DJ
SAP's Record Growth Driven By AI Boom, CFO Asam Says	Apr. 23	MT
JMP Securities Raises SAP's Price Target to $220 From $179, Market Outperform Rating Maintained	Apr. 23	MT
TD Cowen Raises SAP's Price Target to $188 From $180, Maintains Hold Rating	Apr. 23	MT
SAP SE : Warburg Research reaffirms its Neutral rating	Apr. 23	ZD
MORNING BID AMERICAS-Tanking Tesla reports, Europe business beats	Apr. 23	RE
SAP posts recovery rally after quarterly figures	Apr. 23	DP

Chart SAP SE

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Company Profile

SAP SE (Systeme Anwendungen Produkte) is the world's leader in the development and marketing of integrated software packages. Net sales break down by activity as follows: - sale of software packages (85.9%): software for financial management, human resource management, customer relations, purchasing, etc. The group also provides maintenance services; - consulting (14.1%): mainly consulting and training services. Net sales are distributed geographically as follows: Germany (14.6%), Europe-Middle East-Africa (27.8%), the United States (35%), Americas (8%), Japan (4%) and Asia/Pacific (10.6%).

Sector

Software

Calendar

2024-05-15 - Annual General Meeting

Related indices

EURO STOXX 50 , DAX

More about the company

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Analysis / Opinion

SAP's Record Growth Driven By AI Boom, CFO Asam Says

April 23, 2024 at 08:35 am EDT

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Ratings for SAP SE

Trading Rating

Investor Rating

ESG Refinitiv

B+

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

174 EUR

Average target price

186.6 EUR

Spread / Average Target

+7.23%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Enterprise Software

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Enterprise Software

SAP SE

Equities

SAP

DE0007164600

Software

SAP : CEO targets margins, bullish on world economy

EPS Revisions