DGAP-Adhoc

SAP AG: SAP Announces 2012 First Quarter Preliminary Results

SAP AG  / Key word(s): Quarter Results/Preliminary Results

13.04.2012 12:14

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

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  - First Quarter 2012 Non-IFRS Software and Software-Related Service
    Revenue Increased 12% to EUR2.63 Billion (10% at Constant Currencies)

  - First Quarter 2012 Software Revenue Increased 4% to EUR637 Million (1%
    at Constant Currencies)

  - First Quarter 2012 Non-IFRS Operating Profit Increased 7% to EUR834
    Million (3% at Constant Currencies)

  - SAP Reiterates Full Year 2012 Outlook

  - SAP Expects Strong Second Quarter 2012 With Software Revenue Growth in
    a Range of 15% - 20% (at Constant Currencies) and Non-IFRS Software and
    Software-Related Service Revenue Growth in a Range of 14% - 16% (at
    Constant Currencies)

WALLDORF, Germany - April 13, 2012 - After a preliminary review of its
first quarter 2012 performance, SAP AG (NYSE: SAP) today announced its
preliminary financial results for the first quarter ended March 31, 2012.

The Company reiterates its full-year outlook. Based on its robust pipeline
SAP expects a strong second quarter 2012 with software revenue growth in a
range of 15% - 20% at constant currencies and non-IFRS software and
software-related service revenue growth in a range of 14% - 16% at constant
currencies.

SAP´s growth momentum continued in 2012 with a record first quarter in Asia
Pacific/Japan (APJ) and double-digit growth in many markets including Latin
America and Germany.

The company had sales execution issues in North America which impacted
first quarter performance. These issues have been resolved and the
necessary steps have been taken to ensure that North America is back on
track. After a record fourth quarter 2011, some European markets started
more slowly in 2012, but are well on track.

SAP´s strategy is sound and the Company is executing on its innovation
pipeline ahead of schedule. SAP is well positioned to capitalize on the
major technology trends including big data, mobile, and cloud. Its cloud
business is gaining momentum with a strong positive impact from
SuccessFactors. SAP´s and SuccessFactors´ cloud portfolio showed robust
double-digit growth in billings year-over-year.

FINANCIAL RESULTS IN DETAIL

All 2012 figures in this release are approximate due to the preliminary
nature of the announcement.

First Quarter 2012
  - IFRS software revenue was EUR0.64 billion (2011: EUR0.62 billion), an