SAP SE

Earnings Release • Oct 8, 2003

News Details

Ad-hoc | 8 October 2003 15:20

SAP AG english

SAP Expects Strong Third Quarter Results Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– SAP Expects Strong Third Quarter Results WALLDORF, October 8, 2003. SAP AG, the leading provider of business software solutions, today announced that after an initial review of its results for the third quarter ended September 30, 2003, the Company expects software revenues to be approximately EUR430 million, which is around the levels reached in the third quarter of 2002 and the second quarter of 2003. Total revenues are expected to be approximately EUR1.650 billion (Q3 2002: EUR1.702 billion). The third quarter results were supported by better closure rates, especially in the United States, and some deals that had been expected to close in the second quarter but were signed in the third quarter. The Company is reviewing the complete quarterly and market data and has not yet made any decision with respect to the Company’s outlook for the full year 2003. Full third quarter results will be reported on October 16. end of ad-hoc-announcement (c)DGAP 08.10.2003 ——————————————————————————– WKN: 716460; ISIN: DE0007164600; Index: DAX Listed: Amtlicher Markt in Berlin-Bremen, Frankfurt (Prime Standard) und Stuttgart; Freiverkehr in Düsseldorf, Hamburg, Hannover und München; EUREX; Swiss Exchange; London; NYSE 081520 Okt 03