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SAP reports Q1 EPS EUR (0.71) vs. EUR 0.35 last year
The Fly

SAP reports Q1 EPS EUR (0.71) vs. EUR 0.35 last year

Reports Q1 revenue EUR 8.04B vs. EUR 7.44B last year. Christian Klein, CEO: “We’re off to a great start in 2024 and we’re confident we’ll achieve our goals for the year. Looking ahead, we have powerful growth drivers in place – Business AI, cross-selling across our cloud portfolio, and winning new customers particularly in the midmarket. The strength of our current cloud backlog reaching a record growth rate is a testament to that momentum. Our transformation program is also well on track and will help us to capture this growth and increase efficiency.”

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