IBM Board Approves Regular Quarterly Cash Dividend
January 30, 2019
Goals are the Foundation for Effective Performance Management
January 30, 2019SAP Hits or Exceeds All Raised Outlook Metrics
Targets More Than 3x Cloud Revenue by 2023
- Cloud Subscription and Support Revenue Up 32% (IFRS) and Up 38% (Non-IFRS at Constant Currencies) in FY 2018
- Cloud Backlog Increased 30%, Exceeding €10 Billion at Year-End
- Cloud and Software Revenue Up 5% (IFRS) and Up 10% (Non-IFRS at Constant Currencies) in FY 2018
- Cloud and Software Order Entry Exceeds €10 Billion, Up 14% at Constant Currencies in FY 2018
- Operating Profit Up 17% (IFRS) and Up 10% (Non-IFRS at Constant Currencies) in FY 2018
- Guiding for Up to 39% Non-IFRS Cloud Subscription and Support Revenue Growth and Up to 10% Non-IFRS Cloud and Software Revenue Growth in 2019 at Constant Currencies
- Guiding for Up to 11.5% Non-IFRS Operating Profit Growth in 2019 at Constant Currencies – Faster Than Total Revenue Growth
- Targeting More Than €35 Billion in Total Revenue by 2023
Walldorf, Germany — SAP SE (NYSE: SAP) today announced its preliminary financial results for the fourth quarter ended December 31, 2018.
