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SAP Q2 revenues €6.63 billion

Christian Fernsby ▼ | July 19, 2019
SAP's Q2 2019 earnings reveal revenues of €6.63 billion IFRS or €5.99 billion non-IFRS, up 11 percent year-over-year with basic earnings per share of €0.48 (€1.09 non-IFRS), an increase from Q1 2019's -€0.10 earnings per share.
SAP   SAP reported an operating profit of €0.83 million IFRS
SAP reported an operating profit of €0.83 million IFRS, which has declined by 21 percent year-over-year due to a hefty bill associated with restructuring costs.

Non-IFRS operating profit was up 11 percent or 8 percent at constant currencies.

At the end of Q2 2019, net liquidity was -€8.55 billion.

New cloud bookings were up 17 percent or 15 percent at constant currencies. Cloud revenue grew 40 percent year-over-year to €1.69 billion IFRS, or up 35 percent non-IFRS at constant currencies, an improvement based on the first quarter's €1.56 billion IFRS.