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Earnings Analysis: 
SAP Net Rises 13%
Author: Mayank Mehta
123jump.com
Last Update: 6:58 AM ET January 29 2009



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4.30PM Germany – SAP AG revenue rose 8% and net profit grew 13%.

SAP AG the business software solutions said fourth quarter revenues rose 8% to €3.49 billion from €3.24 billion a year earlier. Net profit in the quarter grew 13% to €850 million or €0.72 per diluted share compared to net profit of €752 million or €0.63 per share, a year earlier.

Revenues rose for the year 2008 13% to €11.57 billion from €10.24 billion a year earlier. Net profit fell 1.5% to €1.89 billion or €1.59 per diluted share compared to net profit of €1.92 billion or €1.59 per share, a year earlier.
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