SAP (ETR:SAP) in Harding Loevner International Equity ADR Q2 2024

Enterprise Software Innovation and Market Leadership

Apr 15, 2025

Summary

Investment rationale based on SAP's leadership in enterprise software solutions.
Strong market positioning with a comprehensive suite of cloud offerings.
Risks include competition from other cloud service providers and economic downturns.
Recent performance driven by growth in cloud revenue and customer base expansion.
Future outlook focuses on transitioning to a cloud-first business model.

SAP (ETR:SAP, Financial) was featured in the Harding Loevner International Equity ADR Q2 2024 report for its strategic shift towards cloud-based solutions, which has been a key driver of its recent performance. The company's robust enterprise software offerings continue to attract a diverse range of clients globally.

"SAP's transition to a cloud-first model is expected to enhance its competitive positioning and drive long-term growth." — Harding Loevner International Equity ADR Q2 2024 Fund Letter

Read full letter at gurufocus harding loevner international equity adr q2 2024 report 2024 Q2 page.

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