SAP SE: Cloud and Software Revenue Growth Above FY Guidance

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Apr 24, 2018
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Double-Digit Operating Profit Growth Drives Operating Margin Increase

- Cloud Revenue Accelerates, Up 18% (IFRS) and Up 31% (Non-IFRS at Constant Currencies), Exceeding €1 Billion for the First Time in a Quarter

- New Cloud Bookings Up 25% at Constant Currencies on Top of an Exceptional Prior Year Quarter

- Digital Core Momentum Continues With Over 8,300 S/4HANA Customers, Up 43% Year-over-Year

- Full Year Outlook Increased to Reflect Callidus Acquisition and Strong Operational Momentum

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