SAP Q1 results

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  1. SAP Pre-Announces Q1 Results, Updates 2020 Outlook

    Reading time: 5 mins

    This week, after an initial internal review, SAP announced their preliminary financial results for the first quarter of 2020. Highlights of the announcement included an increase in IFRS cloud revenue by 29%, an increase in total revenue by 7%, and an increase in IFRS operating profit by more than 100%.