SAP Q4 operating profit almost in line

|About: SAP AG (SAP)|By:, SA News Editor

SAP (SAP -1.4%) Q4 preliminary non-IFRS operating profit €2.09B vs consensus of €2.1B

Revenue +1% to €5.11B.

2013 operating profit +13% at constant currencies to a preliminary €5.9B vs guidance of €5.85–5.95B, resulting in an operating margin expansion of 140 bps to 33.4%.

FY software and software-related service revenue +6% at actual currencies to €14.03B.

Cloud subscription & support revenue +121% to €758M

HANA software revenue +61% to €633M vs guidance of €650-700M (PR)