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SAP Pre-Announces Outstanding Q3 Results

Walldorf, October 10, 2019

After an initial review of its third quarter 2019 performance, SAP SE (NYSE: SAP) today announced its preliminary financial results for the third quarter ended September 30, 2019.

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SAP sets course for the future with next generation leadership team

Walldorf, October 11, 2019

Bill McDermott to depart following successful decade as CEO; Jennifer Morgan and Christian Klein to become CO-CEOs. 

 

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"I am pleased that our operational excellence measures are already showing effect. Our non-IFRS operating profit and margin performance is remarkable considering the margin headwinds from our latest acquisition and the recent short-term trade-related uncertainty in Asia that impacted our software revenue performance in the region. With continued strong customer demand and our tight focus on profitability we remain as confident in our 2019 outlook as we are in our mid-term ambition."

Luka Mucic, CFO, SAP SE
Publication of Q2 2019 Results

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SAP Integrated Report 2018

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