SAP A/NZ first half results

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SAP A/NZ first half results

Financial results for the second quarter and first half of FY09, which ended on 30th June 2009 saw increased overall revenue by 16 percent in Q209, compared to the same period last year. 

Overall revenue was up by 14 percent for the first half overall, when compared with the same period in 2008.

The key revenue indicator of the business, software and software related services (that is, revenue excluding Consulting, Training and other Services revenue) showed 17 percent growth for the First Half YOY and 10 percent growth Q209 over Q208.

"We're very pleased with our performance in the first half," said Tim Ebbeck, president & CEO, SAP A/NZ. 

"Amidst some of the most volatile trading and market conditions in years we have signed major deals with new customers, strengthened and built on relationships with existing customers and taken to market a really compelling set of solutions with SAP BusinessObjects."

Key wins inlcuded ERM Power and Mondial Assistance Australia, both via Extend Technologies, as well as Metcash. 

Also, Muir Electrical (trading as The Good Guys), sportswear manufacturer ASICS and Ego Pharmaceuticals.  Optus also extended its investment in SAP in the quarter.

"We've won an unfair share of a smaller number of major transformation projects," added Ebbeck.

"This type of deal was the major theme in 2008 and the prime contributor to our financial result last year. 

"In 2009, we've seen organisations focus on smaller strategic IT projects that are designed to deliver a very specific outcome or competitive advantage without disrupting ongoing operations. "

SAP recently launched the SAP Value Academies and a business unit dedicated to delivering a broad portfolio of Sustainability solutions, including Environmental Compliance, Energy and Compliance, Environmental Health and Safety and Sustainable Supply Chain. 

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