SAP Defies Economic Slowdown, For Now
P.J. Jakovljevic - February 13, 2001

Event Summary

On January 23, SAP AG (NYSE: SAP), the leading provider of business software solutions, announced its preliminary results for the fourth quarter and year ended December 31, 2000. In the fourth quarter, revenues increased 31% over the same period last year to EUR 2.164 billion (See Figure 1). Net income in the quarter increased 16% to EUR 366 million. Earnings per share increased 15% to EUR 1.16 (1999: EUR 1.01)...