20 Apr 2006
SAP Reports 22% Growth in Software Revenues for the 2006 First Quarter
WALLDORF - April 20, 2006 - SAP AG (NYSE: SAP) today announced its preliminary financial results for the first quarter ended March 31, 2006. Highlights of the results are as follows.
Software revenues were ˆ528 million for the first quarter of 2006 (2005: ˆ434 million), representing an increase of 22% compared to the same period in 2005. At constant currencies, software revenues increased 14%.
Total revenues for the first quarter of 2006 were ˆ2.04 billion (2005: ˆ1.73 billion), which was an increase of 18% compared to the first quarter of 2005. At constant currencies , total revenues increased 13%.
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