SAP Touts Best Results In Company History; Quarterly Sales Up 11 Percent To $5.7B

Enterprise application software giant SAP is touting its best ever full-year and fourth quarter performance, beating its expectations for the quarter. The company published initial numbers for its results but will be releasing full results and projections for 2012 in late January. Total Q4 revenue came in at ?4.50 billion ($5.7 billion), an increase of 11%. Operating profit was ?1.67 billion ($2 billion), an increase of 206%. The company saw record fourth quarter 2011 software revenue, which was up 16% to ?1.74 Billion ($2.2 billion). And full-year 2011 software revenue is up 22% to ?3.97 Billion ($5 billion), with full-year total sales coming in at ?14.23 billion ($18 billion), up 14 percent.

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