SAP's RISE program continues to prove popular but restructuring has its drawbacks.
Latest from Charlie Osborne
SAP's financial results remain stable despite COVID-19, travel and business disruption, and a recent shift in focus to business transformation solutions.
SAP is feeling the effect of “uneven” economic recovery and new COVID-19 lockdowns.
SAP is weathering the COVID-19 storm through strong cloud service results despite disruption in the firm’s business travel arm.
SAP is proving to be resilient during the COVID-19 outbreak, with a marginal increase in operating profit.
Cash flow across the full year has suffered, however, due to share payouts and restructuring expenses.
Software license revenue has dropped, but the growth of SAP S/4HANA remains strong.
The US-China trade battle has dented the balance sheet at the same time SAP is bearing the brunt of restructuring costs.
SAP’s earnings have been seriously impacted by planned restructuring efforts and the promotion of growth.
SAP is keen to emphasize the shake-up is for growth rather than cost-cutting.