Wall village – The SAP SE today published the results for the fourth quarter and the financial year 2024 (January 1 – December 31).
- SAP reaches or exceeds all key figures of the financial outlook for the year 2024.
- Current Cloud Backlog increases by 32 % to € 18.1 billion or currency adjusted by 29 %.
- Total Cloud Backlog increases by 43 % to € 63.3 billion or currency -adjusted by 40 %.
- Clover revenues increase by 25 % or currency -adjusted by 26 % in 2024.
- Rarriers to Cloud ERP Suite increase by 33 % or currency -adjusted by 34 % in 2024.
- Sales increase by 10 % or currency -adjusted by 10 % in 2024 in 2024.
- Operating result (IFRS) decreases by 20 %in 2024, operating result (non-iFRS) increases by 25 %or currency-adjusted by 26 %.
- According to the outlook for 2025, an accelerated growth of the clay revenue is expected.
“We have completed the year 2024 with a strong fourth quarter and already half of our cloud contracts included AI application scenarios. We were able to surpass our cloud goals in the year as a whole and despite the strong previous year, we were able to grow an accelerated growth in the Cloudlosen. The totally cloud backlog grew by 40 % and is now 63 Billion.
Christian Klein, CEO
“We are pleased about the strong end of 2024, in which we have exceeded our view for the cloud and software revenue, the operating result (non-iFRS) and the Free Cashflow. With growth of the Current Cloud Backlog of 29 %, we have illustrated and show the strength of our strategy. This progress is in line with our goal 2025, which we set four years ago.
Dominik Asam, CFO
