SAP SE provided earnings guidance for the year 2022. For the full year 2022, the company expects a total revenue impact of approximately €250 million at constant currencies from lack of new business and discontinuation of existing business. For non-IFRS operating profit expects an impact of approximately €300 million at constant currencies from the revenue gaps mentioned above and other expense items. €11.55 – 11.85 billion cloud revenue at constant currencies (2021: €9.42 billion), up 23% to 26% at constant currencies.

€25.0 – 25.5 billion cloud and software revenue at constant currencies (2021: €24.08 billion), up 4% to 6% at constant currencies. €7.6 – 7.9 billion non-IFRS operating profit at constant currencies (2021: €8.23 billion), down 4% to 8% at constant currencies. The share of more predictable revenue (defined as the total of cloud revenue and software support revenue) is expected to reach approximately 78% (2021: 75%).

The company have delivered a strong cloud quarter with accelerating momentum across all key cloud indicators. We're at an important inflection point in transformation which the company anticipates will lead to accelerating revenue growth and double-digit operating profit growth in 2023.