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Last Update: 14-Oct-11 10:16 ET
SAP AG Sees Third Quarter Revenue Above Consensus
SAP AG (SAP $57.58 +1.42) expects to see third quarter revenue of EUR 3.41 billion versus the EUR 3.30 billion Capital IQ Consensus Estimate.
Operating profit +145% year/year to EUR 1,755 million and OMs of 51.5%. The co expects full-year 2011 non-IFRS software and software-related service revenue to increase in a range of 10-14% at constant currencies, but expects to reach the high end of the range.
The company expects full-year 2011 non-IFRS operating profit to be in a range of EUR 4.45-4.65 bln at constant currencies, but expects to reach the high end of the range, resulting in 2011 non-IFRS operating margin increasing in a range of 0.5 - 1.0 percentage points at constant currencies.
Operating profit +145% year/year to EUR 1,755 million and OMs of 51.5%. The co expects full-year 2011 non-IFRS software and software-related service revenue to increase in a range of 10-14% at constant currencies, but expects to reach the high end of the range.
The company expects full-year 2011 non-IFRS operating profit to be in a range of EUR 4.45-4.65 bln at constant currencies, but expects to reach the high end of the range, resulting in 2011 non-IFRS operating margin increasing in a range of 0.5 - 1.0 percentage points at constant currencies.
