Feeds

BO buy takes bloom off SAP Q2

But ERP giant dodges economic stormclouds

Beginner's guide to SSL certificates

SAP weathered the intensifying economic storm to post solid second quarter results this morning that showed the German business software giant beating market expectations.

The tricky acquisition and integration of Business Objects depressed net profits 9 per cent compared to a year earlier, at €408m. That's a softer blow than many had expected however, and SAP was able to tweak its guidance towards the upper end of estimates.

On a non-GAAP basis, ignoring the Business Objects costs, net profits were up 8 per cent on Q2 2007 to €494m.

Total revenue for the three months to June 30 was up 18 per cent to €2.86bn. SAP's core software and software-related services business' revenues rose 21 per cent to €2.06bn. Full results are available here.

The strong showing has sent SAP shares up 6.83 per cent at time of writing.

Good news will be welcome in the firm's boardroom as Oracle turns the heat up in its long-running intellectual property theft lawsuit and user groups complain about enforced price rises. ®

Beginner's guide to SSL certificates

More from The Register

next story
Facebook pays INFINITELY MORE UK corp tax than in 2012
Thanks for the £3k, Zuck. Doh! you're IN CREDIT. Guess not
DOUBLE BONK: Testy fanbois catch Apple Pay picking pockets
Users wail as tapcash transactions are duplicated
Happiness economics is bollocks. Oh, UK.gov just adopted it? Er ...
Opportunity doesn't knock; it costs us instead
YARR! Pirates walk the plank: DMCA magnets sink in Google results
Spaffing copyrighted stuff over the web? No search ranking for you
In the next four weeks, 100 people will decide the future of the web
While America tucks into Thanksgiving turkey, the world will be taking over the net
Microsoft EU warns: If you have ties to the US, Feds can get your data
European corps can't afford to get complacent while American Big Biz battles Uncle Sam
prev story

Whitepapers

Choosing cloud Backup services
Demystify how you can address your data protection needs in your small- to medium-sized business and select the best online backup service to meet your needs.
Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.