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SAP: 22% increase in annual EPS

(CercleFinance.com) - SAP has reported a 22% increase in FY 2024 non-IFRS EPS to E4.
53 and a 25% increase in non-IFRS operating income to E8.15bn, exceeding its target range of E7.8bn to E8bn.

The German software company reported total sales up 10% to almost E34.2bn, with cloud and software sales up 11% to just over E29.8bn, slightly ahead of its targets.

With current cloud order book growth of 29%, we have demonstrated the strength of our strategy and our ability to deliver on our commitments, CFO Dominik Asam says.

SAP expects FY 2025 non-IFRS operating income of E10.3bn to E10.6bn, as well as cloud and software sales of E33.1bn to E33.6bn, with a slight slowdown in current cloud backlog growth.


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