SAP Cloud Business Soars; Operating Profit Up Double-Digit

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  • Cloud Revenue Growth Accelerates, Up 30% (IFRS) and Up 40% (Non-IFRS at Constant Currencies), Outpacing Competition
  • New Cloud Bookings Up 29% at Constant Currencies on Top of a Strong Prior Year Quarter
  • Strong Digital Core Innovation Cycle – 600 S/4HANA Customers Added in Q2, S/4HANA Customer Count Now Close to 9,000
  • Double-Digit Operating Profit Growth Continues, Up 13% (IFRS) and Up 12% (Non-IFRS at Constant Currencies)

See original press release: https://news.sap.com/2018/07/sap-announces-second-quarter-and-half-year-2018-results/?source=social-Global-BrandGlobalSocial-TWITTER-MarketingCampaign-SAPStory_Branding-unspecified-ST5_Work_Future_of_Tech&campaigncode=CRM-YD18-SOC-GBSM