Sap announces q3 2023 results

In € millions, unless otherwise stated; based on sap group results from continuing operations cloud revenue up 16% and up 23% at constant currencies current cloud backlog of €12.3 billion up 19% and up 25% at constant currencies ifrs cloud gross profit up 21%, non-ifrs cloud gross profit up 21% and up 28% at constant currencies, supported by the expansion of cloud gross margin ifrs operating profit up 11%, non-ifrs operating profit up 10% and up 16% at constant currencies sap reaffirms 2023 outlook walldorf, germany , oct. 18, 2023 /prnewswire/ -- sap se (nyse: sap) today announced its financial results for the third quarter ended september 30, 2023. christian klein, ceo: "our q3 results are yet another proof point that we have entered the next phase of our transformation.
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