SAP Breaks Annual Sales Record but Misses on Q4 Profit

SAP has announced its Q4 and full-year results in an official news release. The company beat its own annual sales record, bringing in 16.3 billion euros ($21.8 billion) in 2012. That was 14% higher than 2011's figure. Operating profit came in at 5.2 billion euros ($7.0 billion) for the period, an 11% year-over-year gain.

For Q4, revenues totaled 5.1 billion euros ($6.8 billion), while operating profit was just under 2 billion euros. These numbers were 12% and 10%, respectively, above those of Q4 2011. The operating profit figure, however, was slightly beneath market expectations.

Following the unveiling of the results, the company's shares dropped by more than 5%.

The article SAP Breaks Annual Sales Record but Misses on Q4 Profit originally appeared on Fool.com.

Eric Volkman and The Motley Fool have no position in SAP. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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