Revenue Growth - The company reported significant growth in cloud revenue, which is the largest revenue stream, followed by software support revenue [29]. - Total revenue for 2024 was €34,176 million, an increase from €31,207 million in 2023, representing a growth of approximately 9.4% [59]. - Cloud revenue for 2024 reached €17,141 million, up from €13,664 million in 2023, indicating a growth of about 25.5% [59]. - Operating profit for 2024 was €8,153 million, compared to €6,514 million in 2023, reflecting an increase of approximately 25.2% [61]. - The operating margin for 2024 was 24.0%, up from 20.9% in 2023 [61]. Financial Metrics - Operating profit (non-IFRS) and free cash flow are primary measures used to assess profitability and liquidity, with free cash flow calculated as net cash flows from operating activities adjusted for capital expenditures [31]. - The effective tax rate (non-IFRS) is presented for informational purposes, reflecting the variability of gains and losses associated with equity investments [51]. - Free cash flow for 2024 was €4,113 million, down from €5,093 million in 2023 [57]. - Under the revised definition effective from 2025, free cash flow would have been €4,222 million for 2024, compared to €5,116 million for 2023 [54]. Cloud Backlog and Market Demand - Current cloud backlog (CCB) reflects contractually committed cloud revenue expected to be recognized over the next 12 months, indicating strong market demand [30]. - The total contractually committed cloud revenue (TCB) is a key indicator of go-to-market success, reflecting both new contracts and renewals [39]. Revenue Predictability and Stability - The share of more predictable revenue, which includes cloud revenue and software support revenue, is a critical metric for financial stability [40]. Customer and Employee Engagement - The company emphasizes the importance of customer loyalty, measured by the net promoter score (NPS), to achieve financial goals [34]. - Employee engagement is tracked through an index that reflects satisfaction and commitment, crucial for the company's growth strategy [35]. Diversity and Inclusion - The Women in Executive Roles (WiER) metric monitors gender diversity in top management levels, supporting the company's commitment to equal opportunity [36]. Financial Planning and Performance Evaluation - The company utilizes non-IFRS financial measures for internal planning and performance evaluations, providing a clearer view of operational performance [45]. - The company plans to update its definition of free cash flow to better reflect cash generated from operating activities starting in 2025 [54]. Research and Development Expenses - Research and development expenses for 2024 were €6,508 million, slightly reduced from €6,316 million in 2023 [60]. - Total operating expenses for 2024 were €26,022 million, compared to €24,693 million in 2023, showing an increase of about 5.4% [60]. Currency Adjustments - Constant currency measures are used to provide additional insights into sales performance, with adjustments made for foreign currency effects [55].

WALLDORF, Germany, Feb. 20, 2025 /PRNewswire/ -- SAP SE (NYSE: SAP) today announced the participation of its executives at the following event. This event will be webcast, and a replay will be made available shortly after the events on the SAP Investor Relations website: https://www.sap.com/investors/en/calendar.html Morgan Stanley Technology, Media & Telecom ConferenceSan Francisco, California, US Muhammad Alam, SAP Product Engineering and member of the SAP Executive Board will hold a Fireside Chat at the ...

WALLDORF, Germany, Feb. 20, 2025 /PRNewswire/ -- The Supervisory Board and Executive Board of SAP SE (NYSE: SAP) recommend that shareholders approve a dividend of €2.35 per share for fiscal year 2024. This is an increase of €0.15, or 6.8% compared to the dividend paid for fiscal year 2023 (€2.20). If approved by shareholders and assuming the same level of treasury shares at the time of SAP SE's Annual General Meeting of Shareholders on May 13, 2025, and as at December 31, 2024, the total amount distributed ...

Christian Klein, CEO of the software group SAP, during the annual press conference. Europe's largest software manufacturer SAP is today announcing its figures for the past financial year.SAP is one of the world's largest software companies. Databricks is among the fastest growing.On Thursday, the two companies announced a partnership that will put Databricks' data analysis technology alongside SAP's human resources, finance and logistics software so that customers can more easily access and make sense of th ...

Landmark Collaboration Redefines Enterprise Data Management and Unleashes the Full Potential of Agentic AI NEW YORK, Feb. 13, 2025 /PRNewswire/ -- SAP SE (NYSE: SAP) today announced SAP Business Data Cloud, a groundbreaking solution that unifies all SAP and third-party data throughout an organization, providing the trusted data foundation organizations need to make more impactful decisions and foster reliable AI. The solution harmonizes data from organizations' most mission-critical applications with data e ...

MONTRÉAL, Feb. 06, 2025 (GLOBE NEWSWIRE) -- Saputo Inc. (TSX: SAP) (we, Saputo or the Company) reported today its financial results for the third quarter of fiscal 2025, which ended on December 31, 2024. All amounts in this news release are in millions of Canadian dollars (CDN), except per share amounts, unless otherwise indicated, and are presented according to International Financial Reporting Standards (IFRS). “In the third quarter, our strong execution resulted in our highest adjusted EBITDA1 performanc ...

The past few months have been exceptionally strong for equities and momentum stocks in particular. The Nasdaq is up by nearly 14% in the past 6-month period alone, and this wave of optimism has been a tide that lifts all boats.Vladimir Dimitrov, CFA is a former strategy consultant within the field of brand and intangible assets valuation. During his career in the City of London he has been working with some of the largest global brands within the technology, telecom and banking sectors. He graduated from th ...

SAP (NYSE: SAP ) reported better than expected Q4 results, beating consensus estimates on both topline and earnings. Moreover, SAP slightly upgraded its guidance for 2025, pointing to a strong cloud revenue outlook. However, despite the strong results, SAP shares traded down the trading day ofExperience as an investment analyst for a major BB-Bank, as well as private equity consultant for MBB. Currently working towards the CFA charter, having completed I&II. Passion for risk-assets (Growth, Contrarian, Emer ...

The large-cap tech sector is showing signs of strain, especially after China’s DeepSeek AI models look to be competitive with U.S. versions. Amid the start to the fourth quarter earnings season, SAP (NYSE: SAP ), theWith combined experience of covering technology companies on Wall Street and working in Silicon Valley, and serving as an outside adviser to several seed-round startups, Gary Alexander has exposure to many of the themes shaping the industry today. He has been a regular contributor on Seeking Alp ...

Cloud Performance - SAP's current cloud backlog reached €18.1 billion, up 32% year-over-year, and 29% at constant currencies[2] - Total cloud backlog increased to €63.3 billion, reflecting a 43% growth and 40% at constant currencies[2] - Cloud revenue for FY 2024 rose by 25% to €17.14 billion, with a 26% increase at constant currencies[20] - Cloud ERP Suite revenue surged by 33% to €14.17 billion, up 34% at constant currencies[9] - Cloud revenue for Q4 2024 was €4,708 million, with a year-over-year growth of 27%[49] - Cloud revenue for the full year 2024 was €17,141 million, representing a 25% increase from €13,664 million in 2023[54] - The Americas region contributed €7,872 million in cloud revenue for Q1–Q4 2024, a 19% increase from €6,642 million in Q1–Q4 2023[71] Financial Highlights - Total revenue for FY 2024 was €34.18 billion, marking a 10% increase year-over-year[20] - Total revenue for Q4 2024 reached €9,377 million, representing an 11% year-over-year increase[49] - Total revenue for Q1–Q4 2024 was €34,176 million, a 10% increase compared to €31,207 million in Q1–Q4 2023[71] - Free cash flow for the full year was down 19% to €4.11 billion, impacted by restructuring payouts of €2.5 billion and share-based compensation of €1.3 billion[24] - Free cash flow for Q4 2024 was reported at –€0.92 billion, down from €1.67 billion in Q4 2023[18] - Cash and cash equivalents at the end of Q4 2024 were €9,609 million, up from €8,124 million at the end of Q4 2023[55] Profitability Metrics - Non-IFRS operating profit increased by 25% to €8.15 billion, with a 26% rise at constant currencies[22] - IFRS operating profit decreased by 20% to €4.66 billion, primarily due to restructuring expenses of approximately €3.1 billion[22] - Operating profit (non-IFRS) for Q4 2024 was €2,436 million, showing a 24% increase compared to the previous year[49] - Profit after tax from continuing operations increased by 35% to €1,616 million, compared to €1,201 million in Q4 2023[52] - The company reported a total operating profit of €8,153 million for the year, a 26% increase from €6,514 million in 2023[63] Shareholder Returns - SAP's share repurchase program had an aggregate volume of up to €5 billion, with approximately €3.0 billion repurchased by December 31, 2024[27] - Earnings per share (basic, non-IFRS) for Q4 2024 was €1.40, up from €1.12 in Q4 2023[50] - Earnings per share (basic) from continuing operations rose by 31% to €1.37 in Q4 2024, up from €1.05 in Q4 2023[52] Employee Metrics - The number of employees at the end of Q4 2024 was 109,121, an increase from 107,602 in Q4 2023[50] - Customer Net Promoter Score (NPS) increased 3 points year over year to 12 in 2024, while employee engagement index decreased 6 percentage points to 74%[25] Future Outlook - SAP anticipates accelerating cloud revenue growth in 2025, supported by a strong position in data and Business AI[4] - For 2025, SAP expects cloud revenue to be between €21.6 billion and €21.9 billion, representing a growth of 26% to 28% at constant currencies[38] - SAP anticipates non-IFRS operating profit for 2025 to be between €10.3 billion and €10.6 billion, up 26% to 30% at constant currencies[38] - The effective tax rate (non-IFRS) is expected to be approximately 32% for 2025, consistent with 2024[38] Restructuring and Transformation - The 2024 Transformation Program is estimated to incur expenses of approximately €3.2 billion, with restructuring payouts of €2.5 billion for the full year[28] - Restructuring expenses in 2024 primarily related to a company-wide transformation program, with additions to the restructuring provision totaling €3,144 million[75] - The restructuring provision at the end of 2024 was €681 million, after utilizations of €1,061 million and transfers totaling €1,433 million[76] Acquisitions - SAP announced the acquisition of WalkMe Ltd. for approximately €1.3 billion, which closed on September 12, 2024[78] - WalkMe contributed approximately €61 million to revenue and approximately €-54 million to operating profit (IFRS) for the full year 2024[79] Changes in Reporting - SAP will change its cash flow statement presentation starting in 2025, moving interest paid and received to financing and investing activities, respectively[81] - The new definition of free cash flow (FCF) will include proceeds from sales of intangible assets and property, plant, and equipment, reflecting a more comprehensive cash flow evaluation[84] - Under the new FCF definition, the estimated impact for 2025 is approximately €0.2 billion positive effect[86]