UPDATE: SAP Announces Best Ever Second Quarter Performance Significantly Outperforming Market Expectations By Exceeding Euro 1 Billion in Software Revenue

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-- Second Quarter 2012 Software Revenue Increased 26% to euro 1,059 Million (19% at Constant Currencies) Driven by Double-Digit Growth in all Regions -- Second Quarter 2012 Software Revenue Reaches Upper End of the Second Quarter Outlook -- Second Quarter 2012 Non-IFRS Software and Software-Related Service Revenue Increased 21% to euro 3.14 Billion (15% at Constant Currencies) -- 10th Consecutive Quarter of Double-Digit Growth in Non-IFRS Software and Software-Related Service Revenue Supported by Stellar Results in SAP HANA, Mobile and Cloud -- Second Quarter 2012 Non-IFRS Operating Profit Increased by 15% to euro 1.17 Billion (8% at Constant Currencies) After a preliminary review of its second quarter 2012 performance, SAP AG
SAP
today announced its preliminary financial results for the second quarter ended June 30, 2012. BUSINESS HIGHLIGHTS IN THE SECOND QUARTER SAP demonstrated strong growth in the second quarter. All regions posted double-digit revenue gains. The company is on track with solid results in its core business and exceptional demand for its new categories. Cloud momentum continued, driven by synergies between SuccessFactors and SAP. The company also strengthened its leadership in enterprise mobility. SAP HANA and the database business had an outstanding quarter with significant deals in all regions. Key industries such as financial services and retail as well as continued expansion of sales through SAP partners contributed significantly to the company's top-line. "Our record performance speaks for itself. We delivered double-digit growth in all regions driven by strong momentum from the core as well as SAP HANA, mobile and the cloud. The results came in at the upper end of our second quarter software revenue guidance in an uncertain macro-economic environment," said Bill McDermott and Jim Hagemann Snabe, Co-CEOs. "SAP's customer-centric innovation strategy remains the key differentiator in the industry. The results are a validation that SAP is the better choice for companies to run better in any operating environment – allowing them to improve productivity, reduce costs and grow."
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