- New Cloud Bookings Up 39%, Software License Revenue Down 1%
- Cloud Revenue Up 37%
- Cloud Gross Margin Up More Than 5 Percentage Points
- IFRS Operating Profit Up 36%; Non-IFRS Operating Profit Up 20%
- IFRS Operating Margin Up 4.2pp; Non-IFRS Operating Margin Up 1.7pp
- Q3 Operating Cash Flow Up 28%, Free Cash Flow Up 116%
In April we promised a stronger focus on profits and here we go: Q3 marks yet another milestone in delivering on this commitment. Q3 is also a manifesto of us keeping our second promise: continued strong top line momentum. Despite continued macro uncertainties we couldn’t be more confident to make 2019 another stellar year for SAP.
Luka Mucic, CFO
