SAP reports Q4 EPS EUR 1.40 vs EUR 1.12 last year

Reports Q4 revenue EUR 9.38B vs. EUR 8.47B last year. Christian Klein, CEO said: “Q4 was a strong finish to the year, with half of our cloud order entry including AI. Looking at the full year, we exceeded our cloud goals, accelerating cloud revenue and current cloud backlog growth against a much larger base. Total cloud backlog now stands at EUR 63 billion, up 40%. Revenue growth has returned to double-digits. Looking ahead, our strong position in data and Business AI gives us additional confidence that we will accelerate revenue growth through 2027.”