SAP reports Q1 EPS EUR 1.72 vs. EUR 1.44 last year

Reports Q1 revenue EUR 9.56B vs. EUR 9.01B last year. Christian Klein, CEO: “We had a strong start to the year, with Current Cloud Backlog growing by 25% and Cloud Revenue up 27% at constant currencies. This performance is supported by our momentum in Business AI as we are already delivering real outcomes for customers today. We are growing faster than the market and are gaining share as customers expand across our Suite and with our AI solutions. At Sap (SAP)phire, we will show how we are taking the next leap forward.”