SAP SE revised earnings guidance for the year 2024. For the year, the company expects ?29.5 billion to ?29.8 billion cloud and software revenue at constant currencies (2023: ?26.92 billion), up 10% to 11% at constant currencies, raising the midpoint by ?400 million. The previous range was ?29.0 billion to ?29.5 billion at constant currencies.

?7.8 ? 8.0 billion non-IFRS operating profit at constant currencies (2023: ?6.51 billion), up 20% to 23% at constant currencies, raising the midpoint by ?150 million. The previous range was ?7.6 ?

7.9 billion at constant currencies. SAP continues to expect: ?17.0 ? 17.3 billion cloud revenue at constant currencies (2023: ?13.66 billion), up 24% to 27% at constant currencies.