SAP expects 11pc sales increase for 2006

12 Jan 200739 Views

Total Q4 revenues at German software maker SAP are expected to be €2.95bn, a 7pc increase on last year’s revenue €2.75bn. Full-year revenues for 2006 are expected to be €9.43, up 11pc on last year’s revenues of 8.51bn.

SAP said it expects Q4 product revenues to be €2.20bn, an 8pc increase on last year’s figure of €2.04bn.

Full-year product revenues are expected to be €6.64bn, an 11pc increase on last year’s revenues of €5.96bn.

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The company said it expects Q4 software revenues to contribute €1.26bn to revenues, up 7pc on last year. Full-year 2006 software revenues are expected to reach €3.10bn, up 11pc on last year’s revenues of €2.78bn.

The company said that 2006 was another year of strong gains for the company. SAP’s worldwide share of Core Enterprise Applications vendor is expected to be around 24.2pc by the end of Q4, up three percentage points over 2005.

By John Kennedy