Sap announces q2 2022 results

Cloud revenue up 34% and up 24% at constant currencies to become the largest revenue stream current cloud backlog exceeds €10 billion, up 34% and up 25% at constant currencies sap s/4hana current cloud backlog extends its growth trend, up 100% and up 87% at constant currencies cloud gross profit up 39% (ifrs), up 38% (non-ifrs) and up 28% (non-ifrs at constant currencies), leading to a strong cloud gross margin expansion ifrs operating profit down 32%, non-ifrs operating profit down 13% and down 16% at constant currencies, primarily due to the impact of the war in ukraine sap reaffirms 2022 revenue and free cash flow outlook, updates operating profit outlook range walldorf, germany , july 21, 2022 /prnewswire/ -- sap se (nyse: sap) today announced its financial results for the second quarter ended june 30, 2022. christian klein, ceo: "as our q2 results demonstrate, sap's portfolio is more relevant than ever.
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