“All regions grew in the third quarter with particular strength in the U.S. and emerging markets in Asia, Europe and Latin America,” said CFO Werner Brandt said in a statement.
IFRS, operating income came out up 16% to 716 million euros. Revenues from software and software-related services (SSRS) rose 20% to 2.32 billion euros.
Analysts polled by Reuters on average had forecast an operating profit of 803 million euros and sales SSRS to 2.30 billion euros.
SAP, recently passed under IFRS, said it had a profit of 883 million euros in non-IFRS standards, against a consensus for 873 million euros.
The German group confirmed its objective to reach a non-IFRS operating growth rate of 30 to 31%.
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Comment by virtual cfo — January 10, 2012 @ 6:22 pm