SAP published its financial results for the second quarter and first half of 2019 in mid-July, and the figures are impressive. SAP achieved double-digit growth in total revenue. The rising cloud gross margins show that SAP is confirming and further expanding its market leadership.
The SAP figures at a glance
- Cloud revenue increases by 40%
- Cloud gross margin increases by 4 percentage points
- Cloud and software revenue and total revenue up 11%
- Qualtrics Experience Management solutions drive rapid growth in customer and employee experience
- SAP S / 4HANA continues its momentum and grows to more than 11,500 customers
- Operating result (non-IFRS) increased by 11%. Benefits from operational discipline and increased cloud efficiency
- Operating result (IFRS) fell by 21% due to ongoing restructuring and significant share price increase
