SAP Announces First Quarter 2016 Results

Cloud Revenue Up 33% –
IFRS EPS Up 38% –
Non-IFRS EPS Up 9%

• 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
• High visibility into strong second quarter and full year pipeline across all regions indicates increasing momentum as the year progresses – SAP firmly reiterates outlook

Read the SAP Q1 2016 Quarterly Statement

via SAP News Center http://ift.tt/1TijbzW