Results due later today from bellwether enterprise application vendor SAP are likely to show around a 20 per cent increase in revenue but a slight fall in net profit.
Although analyst estimates vary, the consensus is that in the first half, SAP will check in with revenue in the range €2.37 billion to €2.4 billion with net profit expected to be in the range €430 million to €463 million.
Depending on which estimates are closest, SAP will be broadly on target with co-chairman Henning Kagermann's assertion in April that SAP will increase revenue in the 20 per cent to 25 per cent range. However, profit may have declined by 2.5 per cent.
Analysts remain concerned that SAP is failing to send a clear Internet strategy message to customers and this may affect long term performance. One German analyst publicly said the company needs to see a detailed plan for this section of the business because he was unsure how SAP intended to make money from Internet related products and services.
Earlier in the year, analysts present at the Sapphire 99 show suggested that SAP's Internet strategy was little more than an opening shot, with little substance. In the main question and answer session, it was clear that neither co-chair Hasso Plattner or Kagermann were in a position to flesh out plans for mySAP.com beyond the announcement of a number of technology partnerships.
Recently, SAP confirmed its sales force automation products are behind schedule, with a greater emphasis being placed on ecommerce. New products are due to be announced in the next few weeks.
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