SAP AG (
SAP) reported total revenue of €2.58 billion, a decline of 10% year over year, for the second quarter of 2009. US GAAP basic earnings per share from continuing operations rose 6% to 36 pence. Software revenue fell 40% year over year due to difficult operating environment worldwide.
SAP closed major contracts in several key regions during the period, including Federal Interior Ministry of Rheinland-Pfalz, Germany, Group Danone, Shoosmiths and Statoil ASA in EMEA, Baker Hughes, Boston University and Confederação SICREDI in the Americas and China Export & Credit Insurance Co., Commonwealth Bank of Australia, Ministry of Finance, Singapore and Tata Teleservices Ltd in Asia Pacific Japan.
Quarterly operating income was €431 million, up 5% year over year, with a margin of 25.1%, an increase of 4.4 percentage points.
Operating cash flow from continuing operations was €1.83 billion, an increase of 34% year over year. Free cash
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