back to article SAP offers mixed preliminary results at the 'top end' of its downwardly revised outlook

SAP today reported preliminary results for 2020, showing the German enterprise software vendor serving up flat revenue and slightly improving profits, along with a worryingly notable drop in licence sales. For the full year ending December 31, total revenue was down 1 per cent year-on-year year to €27.34bn. Within that, cloud …

  1. AMBxx Silver badge

    SAP's expedited shift to the cloud

    It's not SAP whose shift is expedited, it's all their customers. A lot are just going elsewhere.

    Hmm, software sales are down. Let's close down our Channel Sales operation so we can sell even less software!

POST COMMENT House rules

Not a member of The Register? Create a new account here.

  • Enter your comment

  • Add an icon

Anonymous cowards cannot choose their icon

Other stories you might like