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WALLDORF?¡ª??today announced its financial results for the first quarter ended March 31, 2025.

  • Current cloud backlog of €18.2 billion, up 28% and up 29% at constant currencies
  • Cloud revenue up 27% and up 26% at constant currencies
  • Cloud ERP Suite revenue up 34% and up 33% at constant currencies
  • Total revenue up 12% and up 11% at constant currencies
  • IFRS operating profit of €2.3 billion; non-IFRS operating profit of €2.5 billion, up 60% and up 58% at constant currencies

Âé¶¹Ô­´´ Q1 2025 financial results

¡°Q1 once again underlines that our success formula is working. Current cloud backlog expanded 29% at constant currencies and total revenue saw a double-digit increase. With a share of more predictable revenue of 86%, Âé¶¹Ô­´´¡¯s business model remains resilient in uncertain times. Our AI-powered portfolio enables companies to navigate supply chain disruptions in over 130 countries and to unlock efficiencies with agility and speed.¡±

Christian Klein, CEO

¡°Q1 marks a solid start to the year in a highly volatile environment, with strong total revenue growth and outstanding operating profit expansion. These results are a testament to our cost discipline and focused execution. While we¡¯re encouraged by this momentum, we remain mindful of the broader environment and are approaching the rest of the year with vigilance, continuing to safeguard both profit and cash flow. ¡°

Dominik Asam, CFO