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SAP Distribution Blog

SAP Q2 2019 Earnings Report

Posted by SAPDistribution Team on July 24, 2019

SAP B1 GrowthThe financial stability of your software partner is important to your business.  SAP continues to report strong earnings and stability in its second quarter earnings report.  Key Highlights include:

Double-Digit Growth Across the Board:
- Cloud Revenue Growth Soars 
- Double-Digit Cloud & Software Revenue Growth
- Double-Digit Total Revenue Growth

SAP Reiterates Outlook
- Cloud Revenue Up 40% 
- Cloud Gross Margin Up 4 Percentage Points 
- Cloud & Software Revenue and Total Revenue Up 11% 
- Operating Profit (Non-IFRS) Up 11% Benefitting from Operational Discipline and Increased Cloud Efficiency

SAP Business One also continues its tremendous growth with over 67,000 customers globally.  More importantly to you is that North America was the top performing region in the SMB portfolio based upon growth in sales and new customer metrics.

SAPDistribution.com packages SAP Business One specifically for small to mid-sized distributors to make them easy to use to meet your unique challenges.  For more information on how we can make your business more efficient, contact info@sapdistribution.com or call your SAP Distribution specialist at 678-401-6244.

 

Topics: SAP Business One, Distribution Software, SAP Business One Cloud

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