SAP Earnings – Q2 2020

SAP SE
  • IFRS Cloud Gross Margin Up 3.4pp; Non-IFRS Cloud Gross Margin Up 1.6pp
  • IFRS Operating Margin Up 6.6pp; Non-IFRS Operating Margin Up 1.8pp
  • IFRS EPS At €0.73, Up 54%; Non-IFRS EPS At €1.17, Up 7%
  • Operating Cash Flow Up 41%, Free Cash Flow Up 59% in First Six Months

This quarter demonstrated that our Intelligent Enterprise strategy clearly resonates with customers around the world. More than ever, the pandemic has proven that digitalization is no longer an option but a must-have to withstand challenging times and to achieve desired business outcomes. We will continue to invest in innovative offerings for our customers to drive business transformations and run complex business processes. We also aim to expand the ecosystem on our business technology platform to complement our solutions and foster growth.

Christian Klein, CEO
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