SAP
SAP AG today announced its preliminary financial results for the fourth quarter and full year ended December 31, 2012. The company delivered record revenues in 2012 with reported non-IFRS total revenue which grew 14% year-on-year and exceeded €16 billion. Non-IFRS software and software-related service revenue grew 17% year-on-year to €13.2 billion.
The company reported €390 million in full year 2012 SAP HANA software revenue, exceeding company expectations, annual cloud revenue run rate approaching €850 Million while the company reported €222 million in full year 2012 as mobile software revenue.
Financial Highlights:
- IFRS software revenue was €1.94 billion, an increase of 9% (8% at constant currencies).
- IFRS software and software-related service revenue was €4.23 billion, an increase of 14%.
- Non-IFRS software and software-related service revenue was €4.27 billion, an increase of 15% (13% at constant currencies).
- IFRS total revenue was €5.02 billion, an increase of 12%. Non-IFRS total revenue was €5.06 billion, an increase of 12% (11% at constant currencies).
- IFRS operating profit was €1.59 billion, a decrease of 5%.
- Non-IFRS operating profit was €1.96 billion, an increase of 10% (9% at constant currencies).
- IFRS operating margin was 31.6%, a decrease of 5.5 percentage points.
- Non-IFRS operating margin was 38.8%, a decrease of 0.8 percentage points.
- Non-IFRS operating margin was 38.9% at constant currencies, a decrease of 0.7 percentage points.
