DGAP-Adhoc

SAP SE: Cloud Business Surges, Up 116% - Record Third Quarter Non-IFRS Cloud and Software Revenue - Non-IFRS Operating Profit Up 19%

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

13.10.2015 02:38

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SAP Announces Preliminary Third Quarter and Nine Months 2015 Results

- Strong Growth in New Cloud Bookings: Up 102%

- Non-IFRS Cloud and Software Revenue Up 19% to EUR4.12 Billion

- Non-IFRS Operating Profit Increased 19% to EUR1.62 Billion

- Reiterates Full Year 2015 Outlook

WALLDORF, Germany - October 13, 2015 - After an initial review of its third
quarter 2015 performance, SAP SE (NYSE: SAP) today announced its
preliminary financial results for the third quarter and nine months ended
September 30, 2015.

SAP again delivered strong growth in the cloud, outpacing most pure cloud
competitors even without the contribution from the Concur acquisition.
Third quarter non-IFRS cloud subscriptions and support revenue grew 116%
year-over-year (90% at constant currencies) to EUR600 million. New cloud
bookings, the key measure for SAP's sales success in the cloud, increased
102% in the third quarter to EUR216 million.

The Company had very strong top and bottom line growth. Non-IFRS cloud and
software revenue increased 19% (12% at constant currencies) to EUR4.12
billion. Non-IFRS operating profit increased 19% (15% at constant
currencies) to EUR1.62 billion. Non-IFRS basic earnings per share was
EUR0.98 (2014: EUR0.84), an increase of 16%.



FINANCIAL RESULTS IN THE THIRD QUARTER 2015 (1)
All 2015 figures in this release are approximate due to the preliminary
nature of the announcement.

                          IFRS              Non-
                                            IFRS (2)
EUR billion, unless         Q3    Q3     %     Q3    Q3     %      % change
otherwise stated          2015  2014  chan   2015  2014  chan  const. curr.
                                        ge                 ge

Cloud subscriptions and
support                   0.60  0.28  116%   0.60  0.28  116%           90%
Software licenses         1.01  0.95    7%   1.02  0.95    7%            4%
Software support          2.51  2.23   12%   2.51  2.23   12%            6%
Software licenses and
support                   3.52  3.18   11%   3.52  3.18   11%            6%
Cloud and software        4.12  3.46   19%   4.12  3.46   19%           12%
Total revenue             4.98  4.25   17%   4.99  4.26   17%           10%
Operating profit          1.21  1.16    5%   1.62  1.36   19%           15%
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