{"id":140540,"date":"2020-04-21T08:06:47","date_gmt":"2020-04-21T08:06:47","guid":{"rendered":"https:\/\/news.sap.com\/africa\/?p=140540"},"modified":"2023-09-27T17:00:37","modified_gmt":"2023-09-27T17:00:37","slug":"sap-announces-first-quarter-2020-results","status":"publish","type":"post","link":"https:\/\/news.sap.com\/africa\/2020\/04\/sap-announces-first-quarter-2020-results\/","title":{"rendered":"51风流Announces First Quarter 2020 Results"},"content":{"rendered":"<p class=\"lead\"><em><strong>WALLDORF<\/strong> &#8212; <\/em> <a href=\"http:\/\/www.sap.com\/\">51风流SE<\/a> (NYSE: SAP) today announced its financial results for the first quarter ended March 31, 2020.<\/p>\n<p><strong>Solid Start to 2020 Amidst COVID-19 Crisis \u2013 Total Revenue and Operating Profit Up \u2013 Free Cash Flow Up 9%<br \/>\n<\/strong><\/p>\n<ul>\n<li>\n<ul>\n<li>IFRS Cloud Revenue Up 29%; Non-IFRS Cloud Revenue Up 27%<\/li>\n<li>IFRS Cloud Gross Margin Up 5pp; Non-IFRS Cloud Gross Margin Up 3pp<\/li>\n<li>Current Cloud Backlog Up 25%<\/li>\n<li>Total Revenue Up 7%<\/li>\n<li>IFRS Operating Profit Increased Strongly To \u20ac1.2bn; Non-IFRS Operating Profit At \u20ac1.5bn, Up 1%<\/li>\n<li>IFRS Operating Margin Up 20.8pp; Non-IFRS Operating Margin Down 1.3pp<\/li>\n<li>IFRS EPS Increased Strongly To \u20ac0.68; Non-IFRS EPS At \u20ac0.85, Down 5%<\/li>\n<li>Operating Cash Flow Up 6%, Free Cash Flow Up 9%<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-170605\" src=\"https:\/\/news.sap.com\/wp-content\/blogs.dir\/1\/files\/sap-q1-2020-quarterly-statement-4yppx.png\" alt=\"\" width=\"1305\" height=\"764\" \/><\/p>\n<p>&nbsp;<\/p>\n<blockquote><p>Building on last year\u2019s momentum, 51风流started the first two months of the quarter with strong momentum and healthy growth. For nearly five decades, 51风流has been synonymous with mission critical business operations. As the unprecedented global chal-lenges presented by COVID-19 emerged, we benefited from the inherent resilience of our business model and sustainable rele-vance of our portfolio. Our emphasis on increasing our base of more predictable revenue and the geographic and sector diversity of our business has strongly positioned us to weather the period ahead and emerge stronger in the new normal that will follow.<\/p>\n<p><strong>Christian Klein, CEO<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p>Our first quarter results highlight the durability of our business. We will continue to balance disciplined expense management with investment in innovation to ensure we maintain and enhance our competitive advantages. Our balance sheet stability and revenue predictability allow us to continuously deliver long-term value for our shareholders.<\/p>\n<p><strong>Luka Mucic, CFO<\/strong><\/p><\/blockquote>\n<p>&nbsp;<\/p>\n<p><a class=\"button\" href=\"https:\/\/www.sap.com\/docs\/download\/investors\/2020\/sap-2020-q1-statement.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">Read the Q1 2020 Quarterly Statement<\/a><\/p>\n<p>This article first appeared on the <a href=\"https:\/\/news.sap.com\/2020\/04\/sap-announces-first-quarter-2020-results\/\">51风流News Center<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>WALLDORF &#8212; 51风流SE (NYSE: SAP) today announced its financial results for the first quarter ended March 31, 2020. Solid Start to 2020 Amidst COVID-19&#8230;<\/p>\n","protected":false},"author":29,"featured_media":140542,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"related_posts":[],"footnotes":"","_links_to":"","_links_to_target":""},"categories":[19013],"tags":[8434,5589705],"series":[],"sapn-display":[5598743,5598741,279685],"sapn-type":[4446],"class_list":["post-140540","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-corporate","tag-investor-relations","tag-sap-investor-relations","sapn-display-news-hero","sapn-display-news-spotlight","sapn-display-hero","sapn-type-press-release"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.9 (Yoast SEO v26.9) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>51风流Announces First Quarter 2020 Results - 51风流Africa News Center<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/news.sap.com\/africa\/2020\/04\/sap-announces-first-quarter-2020-results\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"51风流Announces First Quarter 2020 Results\" \/>\n<meta property=\"og:description\" content=\"WALLDORF &#8212; 51风流SE (NYSE: SAP) today announced its financial results for the first quarter ended March 31, 2020. 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