SAP CFO Sees No Out-Of-Court Settlement With Oracle




By ReutersInformationWeek




"That is a possibility that we never ruled out, but for the
moment it is not an issue. There are no talks over and above the
regular court proceedings," Werner Brandt said.



Oracle had filed a lawsuit against SAP in March 2007,
accusing it of corporate theft and copyright infringement.


The two are bitter rivals in the battle to supply customers
with software to automate, integrate and manage everything from
human resources to accounting.



When asked about the company's outlook, Brandt said he
continues to expect an adjusted operating margin of 35 percent
in the mid-term.


"I see no reason why we cannot generate 100 basis points of
additional margin annually in the coming years, and even
slightly more if business is good," he said.



For 2008, SAP expects its non-GAAP operating margin at
constant currencies, which excludes a non-recurring deferred
support revenue writedown from the acquisition of Business
Objects and acquisition-related charges, to be in the range of
between 28.5 and 29.0 percent.


Brandt also forecast organic growth in software and other
software-related service revenue, which doesn't include
maintenance sales, would be a clear two-digit percentage figure
on average in the coming years.



By comparison, the company has said this would rise by 12-14
percent in 2008, when the contribution from the acquisition of
Business Objects is stripped out.


(Reporting by Christiaan Hetzner; editing by Elaine
Hardcastle)



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