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.
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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
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