SAP (NYSE: SAP ) reported better than expected Q4 results, beating consensus estimates on both topline and earnings. Moreover, SAP slightly upgraded its guidance for 2025, pointing to a strong cloud revenue outlook. However, despite the strong results, SAP shares traded down the trading day ofExperience as an investment analyst for a major BB-Bank, as well as private equity consultant for MBB. Currently working towards the CFA charter, having completed I&II. Passion for risk-assets (Growth, Contrarian, Emer ...

The large-cap tech sector is showing signs of strain, especially after China’s DeepSeek AI models look to be competitive with U.S. versions. Amid the start to the fourth quarter earnings season, SAP (NYSE: SAP ), theWith combined experience of covering technology companies on Wall Street and working in Silicon Valley, and serving as an outside adviser to several seed-round startups, Gary Alexander has exposure to many of the themes shaping the industry today. He has been a regular contributor on Seeking Alp ...

Exhibit 99.1 Quarterly Statement Q4 2024 SAP Announces Q4 and FY 2024 Results FY 2024 | in € millions, unless otherwise stated 1/24 · SAP meets or exceeds all financial outlook parameters for FY2024 · Current cloud backlog of €18.1 billion, up 32% and up 29% at constant currencies · Total cloud backlog of €63.3 billion, up 43% and up 40% at constant currencies · Cloud revenue up 25% and up 26% at constant currencies in FY2024 · Cloud ERP Suite revenue up 33% and up 34% at constant currencies in FY2024 · Tot ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

German tech giant SAP on Tuesday upgraded its financial outlook for the full year as artificial cloud computing and artificial intelligence operations fueled growth.Europe's largest software maker now expects operating profit on a constant currency basis in 2025 to be between 10.3 billion euros ($10.7 billion) to 10.6 billion euros, up from a previous target of 10.2 billion euros. The firm also expects an acceleration in cloud revenue growth.Adjusted operating profit rose 25% to 8.15 billion euros in 2024, ...

SAP SE (SAP) reported fourth-quarter 2024 non-IFRS earnings per share (EPS) of €1.40, which increased 24% from the year-ago quarter. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.SAP achieved significant strides in cloud adoption, with half of the fourth-quarter cloud order entries incorporating artificial intelligence (AI) capabilities. This highlights SAP's growing focus on Business AI, which is poised to play a pivotal role in driving revenue growth through 2027. The company ex ...

January 28, 2025 Christian Klein, CEO Dominik Asam, CFO Public Fourth Quarter and Full-Year 2024 Results Fourth Quarter and Full-Year 2024 Results Presentation | January 28, 2025 Safe Harbor Statement During this presentation we will make forward-looking statements which are predictions, projections, or other statements about future events. These statements are based on current expectations, forecasts, and assumptions that are subject to risks and uncertainties that could cause actual results and outcomes t ...

New Extended Board, including Chief Technology Officer (CTO) and Chief Revenue Officers (CROs), will further enhance efficiency and accelerate transformation.  WALLDORF, Germany, Jan. 28, 2025 /PRNewswire/ -- SAP SE (NYSE: SAP) today announced that Sebastian Steinhaeuser (39) has been appointed to join the SAP Executive Board. He will lead a newly formed board area called Strategy & Operations, continuing to support the execution of SAP's strategy and driving simplification in operations. The SAP Supervisor ...

Financial Performance - Q4 2024 cloud revenue grew 27% to €4.71 billion, driven by a 35% increase in Cloud ERP Suite revenue to €3.95 billion [10] - Full-year 2024 cloud revenue increased 25% to €17.14 billion, with Cloud ERP Suite revenue up 33% to €14.17 billion [6][17] - Total cloud backlog reached €63.29 billion, up 43% year-over-year [6][16] - Non-IFRS operating profit for 2024 increased 25% to €8.15 billion, with a margin of 23.9% [19] - Free cash flow for 2024 was €4.11 billion, down 19% due to restructuring payouts of €2.5 billion [21] Cloud and AI Strategy - Half of Q4 cloud order entry included AI, reflecting the company's strong position in Business AI [2] - Cloud ERP Suite, including SAP S/4HANA Cloud and SAP Business Technology Platform, contributed €14.17 billion in revenue, up 33% [6][17] - The company launched collaborative AI agents and SAP Green Ledger, a comprehensive carbon accounting system [31][32] - "RISE with SAP" and "GROW with SAP" offerings drove significant customer adoption, including BASF, BP, and Ford Motor Company [27][28] Regional and Customer Performance - Q4 cloud revenue growth was strong in APJ and EMEA, with outstanding performances in China, France, and India [30] - Full-year cloud revenue growth was led by China, Germany, and India, with Brazil and Saudi Arabia also showing strong results [30] - Key customer wins included ABB, Bayer, and PwC Germany, with notable go-lives for SAP S/4HANA Cloud by Coles Group and General Motors [29][28] 2025 Outlook - Cloud revenue is expected to grow 26%-28% to €21.6-21.9 billion at constant currencies [37] - Non-IFRS operating profit is projected to increase 26%-30% to €10.3-10.6 billion [37] - Free cash flow is anticipated to nearly double to approximately €8.0 billion, based on updated definitions [37] - Current cloud backlog growth is expected to slightly decelerate in 2025 [34] Transformation and Restructuring - The 2024 transformation program incurred €3.2 billion in expenses, with €2.5 billion paid out in 2024 and €0.7 billion expected in 2025 [25] - Restructuring expenses impacted IFRS operating profit, which declined 20% to €4.66 billion [19] - The program focused on scalability and strategic growth areas, with payouts affecting free cash flow [25][21] Non-Financial Metrics - Customer Net Promoter Score (NPS) increased to 12, at the upper end of the outlook range [22] - Employee engagement index recovered to 76% in H2 2024, ending the year at 74% [22] - The proportion of women in executive roles increased to 22.5%, in line with targets [23] - Carbon emissions remained flat at 6.9 Mt, missing the initial guidance for a decrease [23]

SAP SE (SAP) is scheduled to report results for the fourth quarter of 2024 on Jan. 28.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.The Zacks Consensus Estimate for fourth-quarter 2024 earnings has been revised 2.9% downward in the past 60 days and is pegged at $1.33 per share. Additionally, the consensus mark implies a 12.5% decline from the year-ago reported actuals. The Zacks Consensus Estimate for fourth-quarter 2024 revenues is currently pegged at $9.66 billion, indicating a ...