SAP SE Announces Unaudited Preliminary Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2018; Provides Earnings Guidance for the Full Year of 2019 and 2020
For the full year, the company reported cloud and software revenue of 20,622 million against 19,549 million a year ago. Total revenue was 24,708 million against 23,461 million a year ago. Operating profit was 5,705 million against 4,877 million a year ago. Profit after tax was 4,089 million against 4,046 million a year ago. Basic earnings per share was 3.42 against 3.35 a year ago.
For the year 2019, the company expects Non-IFRS cloud and software revenue is expected to be in a range of 22.4 22.7 billion at constant currencies (2018: 20.66 billion), up 8.5% 10% at constant currencies. Non-IFRS operating profit is expected to be in a range of 7.7 8.0 billion at constant currencies (2018: 7.16 billion), up 7.5% 11.5% at constant currencies.
For the year 2020, the company expects 28.6 - 29.2 billion non-IFRS total revenue (previously 28.0 - 29.0 billion). 8.5 - 9.0 billion non-IFRS operating profit.