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Sap AG Reiterates FY 2013 Guidance


Friday, 19 Apr 2013 01:00am EDT 

Sap AG reiterated fiscal 2013 outlook, which remains unchanged from the outlook provided on January 23, 2013. The Company expects fiscal 2013 non-IFRS software and cloud subscription revenue to increase in a range of 14%-20% at constant currencies (fiscal 2012: EUR5.00 billion). The fiscal 2013 non-IFRS cloud subscription and support revenue contributing to this growth is expected to be around EUR750 million at constant currencies (fiscal 2012: EUR343 million). The Company expects fiscal 2013 non-IFRS software and software-related service revenue to increase in a range of 11%-13% at constant currencies (fiscal 2012: EUR13.25 billion). The Company expects fiscal 2013 non-IFRS operating profit to be in a range of EUR5.85-EUR5.95 billion at constant currencies (fiscal 2012: EUR5.21 billion). 

Company Quote

70.44
0.04 +0.06%
19 Dec 2014