Berenberg Upgrades SAP AG (SAP) to Buy
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SAP Announces Preliminary First Quarter 2016 Results
April 8, 2016 5:56 PM EDTWALLDORF, Germany, April 8, 2016 /PRNewswire/ --
Following a record finish in 2015, solid growth in seasonally smallest quarter Non-IFRS cloud and software revenue increased 5% to 3.85 billion (6% at constant currencies) SAP S/4HANA momentum continues, now exceeding 3,200 customers Growing operating profit amidst industry transformation in contrast to main peer IFRS earnings per share up 37%, Non-IFRS earnings per share up 9% to 0.64 Second quarter off to a strong start with several software and cloud deals closing in early April High visibility into strong second quarter and full year pipeline across all regions... More