SAP(SAP) - 2024 Q4 - Annual Report

Exhibit 99.1 Quarterly Statement Q4 2024 SAP Announces Q4 and FY 2024 Results FY 2024 | in € millions, unless otherwise stated 1/24 · SAP meets or exceeds all financial outlook parameters for FY2024 · Current cloud backlog of €18.1 billion, up 32% and up 29% at constant currencies · Total cloud backlog of €63.3 billion, up 43% and up 40% at constant currencies · Cloud revenue up 25% and up 26% at constant currencies in FY2024 · Cloud ERP Suite revenue up 33% and up 34% at constant currencies in FY2024 · Tot ...