For the full-year 2020, the difference between non-IFRS operating profit and IFRS operating profit includes, in addition to the revenue adjustments of significantly less than EUR0.01 billion (FY 2019: EUR0.08 billion), . adjustments for acquisition-related charges of EUR0.64 billion (FY 2019: EUR0.69 billion), . adjustments for share-based payment expenses of EUR1.08 billion (FY 2019: EUR1.84 billion) and . adjustments for restructuring expenses of EUR0.01 billion (FY 2019: EUR1.13 billion).

For more details on the individual adjusted expense and revenue categories, our reasons for providing non-IFRS measures and the limitations of our non-IFRS measures please refer to Explanation of Non-IFRS Measures.

SAP also confirms its mid-term ambition which was previously published in its Q3 2020 Quarterly Statement.

Additional Information

The 2019 comparative numbers for full year only include Qualtrics revenues and profits from acquisition date of January 23rd.

This press release and all information therein is preliminary and unaudited.

Fourth Quarter 2020 Quarterly Statement

SAP's fourth quarter 2020 quarterly statement will be published on January 29, 2021 and will be available for download at www.sap.com/investor.

Webcast

SAP senior management will host a virtual press conference on Friday, January 29th at 10:00 AM (CET) / 9:00 AM (GMT) / 4:00 AM (Eastern) / 1:00 AM (Pacific), followed by a financial analyst conference call at 2:00 PM (CET) / 1:00 PM (GMT) / 8:00 AM (Eastern) / 5:00 AM (Pacific). Both conferences will be webcast live on the Company's website at www.sap.com/investor and will be available for replay. Supplementary financial information pertaining to the fourth quarter and full-year results can be found at www.sap.com/investor.

Virtual Launch Event

SAP will hold a virtual event to launch its new holistic business transformation offering 'RISE with SAP' on Wednesday, January 27^th at 4:00 PM (CET) / 10:00 AM (Eastern).

About SAP

SAP's strategy is to help every business run as an intelligent enterprise. As a market leader in enterprise application software, we help companies of all sizes and in all industries run at their best: 77% of the world's transaction revenue touches an SAP(R) system. Our machine learning, Internet of Things (IoT), and advanced analytics technologies help turn customers' businesses into intelligent enterprises. SAP helps give people and organizations deep business insight and fosters collaboration that helps them stay ahead of their competition. We simplify technology for companies so they can consume our software the way they want - without disruption. Our end-to-end suite of applications and services enables business and public customers across 25 industries globally to operate profitably, adapt continuously, and make a difference. With a global network of customers, partners, employees, and thought leaders, SAP helps the world run better and improve people's lives. For more information, visit http://www.sap.com.

***

Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as 'anticipate,' 'believe,' 'estimate,' 'expect,' 'forecast,' 'intend,' 'may,' 'plan,' 'project,' 'predict,' 'should' and 'will' and similar expressions as they relate to SAP are intended to identify such forward-looking statements. SAP undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. The factors that could affect SAP's future financial results are discussed more fully in SAP's filings with the U.S. Securities and Exchange Commission ('SEC'), including SAP's most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. (c) 2021 SAP SE. All rights reserved. -----------------------------------------------------------------------------------------------------------------------

14-Jan-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de ----------------------------------------------------------------------------------------------------------------------- 


Language:     English 
Company:      SAP SE 
              Dietmar-Hopp-Allee 16 
              69190 Walldorf 
              Germany 
Phone:        +49 (0)6227 - 74 74 74 
Fax:          +49 (0)6227 - 75 75 75 
E-mail:       investor@sap.com 
Internet:     www.sap.com 
ISIN:         DE0007164600 
WKN:          716460 
Indices:      DAX, TecDAX 
Listed:       Regulated Market in Berlin, Frankfurt (Prime Standard), Stuttgart; Regulated Unofficial Market in 
              Dusseldorf, Hamburg, Hanover, Munich, Tradegate Exchange; NYSE 
EQS News ID:  1160780 
 
End of Announcement  DGAP News Service 
=------------

1160780 14-Jan-2021 CET/CEST

(END) Dow Jones Newswires

January 14, 2021 17:36 ET (22:36 GMT)