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SAP recorded at the global level total income of over 20 billion Euro in 2015, up to 18%

SAP (NYSE: SAP)), the world leader on the market of business software solutions and technology, has announced the financial results recorded in 2015, reporting increases on all segments of the business.

Last year the company's total revenues grew by 18% globally, reaching 20.8 billion euros, the biggest increase being reported in the cloud and support segment, which recorded an increase of 109%, 2.3 billion euros. The revenues are expressed non-IFRS.

 

SAP has recorded outstanding results in the fourth quarter of 2015, with large increases in the segment of cloud and double-digit increases in all segments of its core business.

 

Regarding the results of the whole year, non-IFRS revenues and cloud software segment grew 12% (calculated at constant exchange rate), exceeding the company's target of 8%.

 

For more information, please see the Romanian version of the article, here.

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SAP ROMANIA SRL