SAP record profits
By Asha

SAP has announced its best ever full-year and fourth quarter performance.

“In an uncertain environment, SAP delivered the best year in its 40 year history. We gained significant market share and achieved double-digit growth across all regions,” said Bill McDermott and Jim Hagemann Snabe, co-CEOs of SAP. “Our innovation strategy is winning. Customers see the incredible value we deliver and recognize that SAP is the better choice.”

Highlights of the results are

-  2011 revenue increases 25% at constant currencies to Euros 4 Billion
-  Record Software Revenue: Fourth Quarter 2011 software revenue increases 16% to Euros 1.74 Billion (17% at constant currencies); Full-Year 2011 software revenue increases 22% to Euros 3.97 Billion (25% at constant currencies)
- Exceeding Revenue Guidance: Full-Year 2011 Non-IFRS Software and Software-related service revenue increases 15% (17% at constant currencies)
- Exceeding Operating Profit Guidance: Full-Year 2011 Non-IFRS Operating Profit Euros 4.71 Billion (Euros 4.78 Billion at constant currencies)
- Strong Margin Growth: Expanding Full-Year 2011 Non-IFRS Operating Margin by 1.1 percentage points at constant currencies to 33.1%
- Exceeding Company Expectations for SAP HANA and Mobile: More than Euros 160 Million in software revenue from SAP HANA and more than Euros 100 Million in software revenue from mobile solutions in Full-Year 2011