SAP SE reports strong Q4 profit increase and expects slight deceleration in cloud backlog growth.

From Nasdaq: 2025-01-28 00:57:45

SAP SE reported a 35% increase in fourth quarter profit, with earnings per share rising to 1.37 euros. Total revenue for the quarter was 9.38 billion euros, up 11% from last year, with cloud revenue growing by 27%. For the full year 2024, non-IFRS operating profit increased by 25% to 8.15 billion euros. Looking ahead to 2025, SAP expects cloud revenue to reach 21.6 – 21.9 billion euros, with non-IFRS operating profit projected to be 10.3 – 10.6 billion euros. Despite strong growth, the company anticipates a slight deceleration in current cloud backlog growth for the upcoming year.



Read more at Nasdaq: SAP SE Q4 Profit Rises; Expects Current Cloud Backlog Growth To Slightly Decelerate In 2025