SAP SE
SAP AG: Release according to Article 30e of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution
SAP AG / Third country release according to Article 30e Para. 1, No. 3 of the WpHG [the German Securities Trading Act] 01.07.2013 09:40 Dissemination of a Post-admission Duties announcement according to Article 30e Para. 1 No. 3 WpHG, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- On June 28, 2013, SAP AG filed with the U.S. Securities and Exchange Commission ('SEC') a Current Report on Form 6-K with the following contents: SAP AG FORM 6-K This Current Report on Form 6-K is being furnished by SAP AG (the 'SAP') for the sole purpose of disclosing and clarifying certain remarks made by Bill McDermott ('McDermott'), co-CEO of SAP, during an interview on CNBC on Tuesday June 25, 2013 (the 'Interview'). 1. During the Interview, McDermott stated: '...our Cloud Business in Europe is growing in triple digits...' SAP hereby confirms that SAP's first quarter 2013 Cloud business in Europe grew in triple digits. 2. During the Interview, McDermott stated: '.I said, we would grow the company 10%-14% in constant currencies at the beginning of the year, and reiterated that after the first quarter, which means you should expect SAP to remain a leader, gaining share and growing in double digits. That's what we are going to do.' SAP hereby clarifies this statement by referring to the outlook disclosed in 2013 to date. On each of January 23, 2013 and April 19, 2013, SAP issued a press release providing the following revenue outlook for fiscal year 2013 (the '2013 Outlook'): 'The Company expects full year 2013 non-IFRS software and cloud subscription revenue to increase in a range of 14%-20% at constant currencies (2012: EUR5.00 billion). The full year 2013 non-IFRS cloud subscription and support revenue contributing to this growth is expected to be around EUR750 million at constant currencies (2012: EUR343 million). The Company expects full-year 2013 non-IFRS software and software-related service revenue to increase in a range of 11%-13% at constant currencies (2012: EUR13.25 billion).' Additionally, SAP hereby clarifies that the Interview statement above was intended to articulate management's goal of achieving the 2013 Outlook, and not as a statement of anticipated second quarter 2013 (or other) results. Neither this Current Report on Form 6-K nor the Interview are intended to restate, modify or update the 2013 Outlook. Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. SAP undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. The factors that could affect SAP's future financial results are discussed more fully in SAP's filings with the U.S. Securities and Exchange Commission (the 'SEC'), including SAP's most recent Annual Report on Form 20-F for 2012 filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. 01.07.2013 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: SAP AG Dietmar-Hopp-Allee 16 69190 Walldorf Germany Internet: www.sap.com End of Announcement DGAP News-Service ---------------------------------------------------------------------------
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