Sap announces q2 2023 results

In € millions, unless otherwise stated; based on sap group results from continuing operations cloud revenue up 19% and up 22% at constant currencies. sap s/4hana cloud revenue up 74% and accelerates to 79% at constant currencies current cloud backlog up 21% and up 25% constant currencies ifrs cloud gross profit up 20%, non-ifrs cloud gross profit up 20% and up 24% at constant currencies, supported by completion of sap's next-generation cloud delivery program ifrs operating profit up 28%, non-ifrs operating profit up 23% and up 28% at constant currencies sap updates its 2023 revenue and operating profit outlook expands market opportunity through new sap business ai and premium ai offerings walldorf, germany , july 20, 2023 /prnewswire/ -- sap se (nyse: sap) today announced its financial results for the second quarter ended june 30, 2023.
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