WALLDORF (Dow Jones) – The software company SAP continues its medium-term margin target firm. They want the medium term continue to achieve an operating profit margin of 35%, "said Co-CEO Bill McDermott on Tuesday. Similarly, the objectives for the current year confirmed by the manager.
For 2010, SAP would still expect that the software and software related service revenues – that is essentially revenue License sales and maintenance – to grow 4% to 8% over the previous year. The while operating margin should reach 30% to 31%.
The forecast is based on a non-IFRS numbers and, at Adjusted for exchange rate fluctuations.
Website: www.sap.com DJG / phg / brb
(END) Dow Jones Newswires
March 02, 2010 08:14 ET (13:14 GMT)
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