SAP Expects Fourth Quarter Software License Sales to Exceed &1 Billion (Ad Hoc News)
WALLDORF, Germany - January 9, 2002 - SAP AG (NYSE: SAP), the leading business infrastructure software provider, today announced that after a preliminary review it expects fourth quarter software license sales to reach more than &1 billion. On the basis of this figure, SAP anticipates its 2001 full year revenues to grow by more than 16%, with operating margins, excluding stock-based compensation and TopTier acquisition-related charges, matching the 20% levels achieved in 2000.
The Company expects the near-term market environment to remain challenging. Based on current economic conditions, the Company anticipates that customers will continue to invest cautiously in e-business software solutions.
SAP will provide additional details on its 2001 preliminary results on January 23, 2002.
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