SAP Integrated Report

Financial Performance

Cloud Revenue Growth: SAP’s cloud revenue reached €13.7 billion in 2023, marking a 23% increase from the previous year
Total Revenue: The company’s total revenue amounted to €31.2 billion, up from €29.5 billion in 2022
Operating Profit: Non-IFRS operating profit grew by 13%, surpassing guidance expectations
Shareholder Returns: SAP’s stock price increased by 43.2% over the year, reaching an all-time high of €148.18. A dividend of €2.20 per share has been proposed, and a €5 billion share repurchase program is planned through 2025

Strategic Initiatives

AI Integration: SAP introduced “Joule,” a generative AI co-pilot, and plans to invest nearly €1 billion over two years to develop AI use cases
Cloud Transformation: The company launched “GROW with SAP” to support medium-sized businesses in transitioning to the cloud, attracting over 700 customers within nine months

Environmental and Social Responsibility

Carbon Neutrality: SAP achieved carbon neutrality in its own operations in 2023 and aims for net-zero emissions across its value chain by 2030
Diversity and Inclusion: The proportion of women in management roles increased to 29.7%, with an overall workforce representation of 35.2%
Employee Engagement: The Employee Engagement Index remained stable at 80%, indicating high levels of employee motivation and alignment with the company’s future

SAP Integrated Report 2023

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