SAP AG provided earnings guidance for the full year of 2013. For the period, the company expects non-IFRS software & cloud subscriptions revenue to increase in a range of 14% to 20% at constant currencies (2012: 5.00 billion). Non-IFRS cloud subscription and support revenue contributing to this growth is expected to be around 750 million at constant currencies (2012: 342 million).
Non-IFRS software and software-related service revenue to increase in a range of 11% to 13% at constant currencies (2012: 13.25 billion). Non-IFRS operating profit to be in a range of 5.85 billion to 5.95 billion at constant currencies (2012: 5.21 billion). IFRS effective tax rate of 25.5% to 26.5% (2012: 26.1%) and a non-IFRS effective tax rate of 27.0% to 28.0% (2012: 27.4%).