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EXHIBIT 99.1
PRESS INFORMATION [SAP LOGO] SAP AG
Neurottstrasse 16
D-69190 Walldorf
Germany
Corporate Communications
Phone +49 (06227) 7-46311
Fax +49 (06227) 7-46331
www.sap.com
E-Mail: [email protected]
FOR IMMEDIATE RELEASE
Contact: Gundolf Moritz
SAP AG
+49-6227-7-44872
-or-
Stefan Gruber
SAP AG
+1-212-404-1323
-or-
David Lowy
Taylor Rafferty
+1-212-889-4350
SAP ANNOUNCES STRONGER THAN EXPECTED FOURTH QUARTER PERFORMANCE
WALLDORF, GERMANY - JANUARY 8, 2001 - SAP AG (NYSE: SAP), the leading provider
of e-business software solutions, today announced that an initial analysis of
its preliminary results shows total revenue for the fourth quarter ended
December 31, 2000 of approximately Euro 2.1 billion, representing an increase of
about 27% over last year's fourth quarter. Total sales growth in the quarter was
underscored by strong software license sales, which rose by approximately 25% to
slightly above Euro 1 billion. Operating income before charges for the employee
stock appreciation rights program (STAR) increased by more than 40% to just
above Euro 600 million.
This very good performance exceeded SAP's initial expectations, particularly
against the backdrop of last year's strong fourth quarter results.
SAP will provide more details on its 2000 preliminary results on January 23,
2001.
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SAP is the world's leading provider of collaborative e-business software
solutions. Through the mySAP.com platform, people in businesses around the globe
are improving relationships with customers and partners, streamlining
operations, and achieving significant efficiencies throughout their supply
chains. Today, more than 13,000 companies in over 100 countries run more than
30,000 installations of SAP software. With subsidiaries in over 50 countries,
SAP generated sales of Euro 5.11 billion in the fiscal year 1999. Additional
information is available on SAP's home page: http://www.sap.com.
SAP AG preference and common shares are listed on the Frankfurt Stock Exchange
as well as a number of other exchanges. In the US, SAP's American Depositary
Receipts (ADRs), each worth one-fourth of a preference share, trade on the New
York Stock Exchange under the symbol `SAP'. SAP is a component of the DAX, the
index of 30 German blue chip companies.
Information on the SAP AG preference shares is available on Bloomberg under the
symbol SAP3 GR, on Reuters under SAPG_p.F or DE and on Quotron under SAGVD.EU.
Information on the SAP common shares is available on Bloomberg under the symbol
SAP GR, on Reuters under SAPG.F and on Quotron under SAGR.EU.
Any statements contained in this documents 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 "believe," "estimate," "intend," "may,"
"will," "expect," and "project" and similar expressions as they relate to the
Company are intended to identify such forward-looking statements. The Company
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 the Company's future financial
results are discussed more fully in the Company's filings with the U.S.
Securities and Exchange Commission (the "SEC"), including the Company's Annual
Report on Form 20-F for 1999 filed with the SEC on April 7, 2000. Readers are
cautioned not to place undue reliance on these forward-looking statements, which
speak only as of their dates.
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