Sap SE Says Expects 2021 Cloud Revenue Of Eur 9.4 Bln - 9.6 Bln At Constant Currencies

Reuters2021-10-13

SAP SE :Dgap-Adhoc: Sap Se: Sap Announces Preliminary Results For Q3 2021.Q3 Operating Profit Fell 15 Percent To 1.25 Billion Eur.Q3 Current Cloud Backlog Was Up 24% To Eur 8.17 Billion And Up 22% (At Constant Currencies).Q3 Cloud Revenue Was Up 20% To Eur 2.39 Billion.Q3 Software Licenses Revenue Was Down 8% Year Over Year To Eur 0.66 Billion.Q3 Cloud And Software Revenue Was Up 7% To Eur 5.91 Billion And Up 6% (At Constant Currencies).Q3 Services Revenue Was Down 6% Year Over Year To Eur 0.93 Billion.Q3 Earnings Per Share Decreased 10% To Eur 1.19 (Ifrs) And Increased 2% To Eur 1.74 (Non-Ifrs).Sap Now Expects 2021 Cloud Revenue Of Eur 9.4 - 9.6 Billion At Constant Currencies.Sees 2021 Operating Profit Of Eur 8.1 - 8.3 Billion At Constant Currencies.Sees 2021 Cloud And Software Revenue At Eur 23.8 - 24.2 Billion At Constant Currencies.Sap Continues To Expect 2021 Operating Cash Flow Of About Eur 6.0 Billion (2020 Eur 7.2 Billion) And Free Cash Flow Above Eur 4.5 Billion.

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