SAP SE

Earnings Release • Apr 19, 2001

News Details

Ad-hoc | 19 April 2001 08:03

Ad hoc-Service: SAP AG english

Ad hoc announcement transmitted by DGAP. The issuer has the sole responsibility of this announcement. ——————————————————————————– WALLDORF, — April 19, 2001 — SAP AG today announced its results for the quarter ended March 31, 2001. In the first quarter of 2001, revenues increased 29% over the same period last year to EUR 1.5 billion (2000: EUR 1.2 billion). Earnings before interest, taxes, depreciation and amortization (“EBITDA”) rose to EUR 259 million (2000: EUR -62 million). First quarter 2001 operating income before charges for stock- based compensation programs (STAR and LTI) rose 82% to EUR 233 million (2000: EUR 128 million), resulting in an improvement of the respective operating margin to about 15%, up from 11% in the first quarter of 2000. Net income for the first quarter 2001 grew 109% to EUR 117 million (2000: EUR 56 million). Earnings per ordinary share for the quarter was EUR 0.36 (2000: EUR 0.18). Although the current environment is challenging, SAP remains confident about expectations for its operations through the first three quarters of this year. For the nine months ending September 30, 2001, the company expects that revenue will slightly exceed the 23% growth rate achieved in fiscal year 2000. Operating margins (before stock-based compensation programs and acquisition- related charges) for the nine months are expected to increase by 1-2 percentage points over the 14% reached over the first nine months of 2000. end of ad hoc announcement, (c) DGAP 19.04.2001 ——————————————————————————– WKN: 716460; Index: DAX Listed: Amtlicher Handel in Berlin, Frankfurt, Stuttgart; Freiverkehr in Bremen, Düsseldorf, Hamburg, Hannover, München; EUREX; Swiss Exchange; London; NYSE 190803 Apr 01