On April 19, SAP announced upbeat results for Q1 2001, contradicting thereby the current market malaise. However, flat currency adjusted license revenue in the US and expected cascading economic slowdown from the US to other markets, may feel like a cutthroat competition, a loss of market share and the fact that not all troubles have been overcome.
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expectations for its operations through the first three quarters of 2001. For the nine months ending September 30, 2001, the company expects that revenue will slightly exceed the 23% growth rate achieved in fiscal 2000. Figure 1. These results confirm SAP's leadership in providing complete e-business solutions that companies want, said Henning Kagermann, Co-Chairman and CEO of SAP AG. Our organization is focused and energized. When you combine this with the growing customer understanding of the power