(BFM Stock Exchange) – The German specialist in professional software recorded a growth of 11% in the last quarter of 2024 and noted its prospects for 2025. Auspicious for Capgemini which integrates SAP solutions among its customers.

Capgemini stands out on the Paris Stock Exchange this Tuesday, January 28. The digital service company wins 3% at the start of the afternoon after winning more than 3.4% in the morning, signing one of the largest increases in CAC 40.

The group led by Aiman ​​Ezzat is carried by the results of the German professional software group SAP. The company across the Rhine has announced growth in its 11% income in the fourth quarter to 9.38 billion euros. According to a consensus quoted by Stifel, analysts were tabling on a turnover of 9.12 billion euros. SAP has notably exceeded expectations on sales of new licenses by 15%.

The company also defeated consensus on its non-response operations, with a profit of 2.44 billion euros, against 2.25 billion expected, as well as on its generation of cash. SAP burned 918 million euros in cash in the fourth quarter while analysts tapped on a disbursement of 1.15 billion euros. Bank of America talks about “a robust finish” in 2024.

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An end of the year less hard than dreaded?

At the end of this publication, SAP noted its objectives for 2025. The German group is in particular on income in its dematerialized computer activities (“cloud”) between 21.6 billion and 21.9 billion euros , against more than 21.5 billion previously. The company also anticipates a non-wearing operating profit between 10.3 and 10.6 billion euros, compared to around 10.2 billion euros before.

Elements that are, overall positive for Capgemini. “Capgemini is the second or third global integrator of SAP. The solid dynamic of the fourth quarter of the German company is therefore good auspicious for the results of Capgemini”, explains a Parisian analyst.

In addition, “it appears, in view of recent publications in Europe, that the fourth quarter has not been as bad as dreaded in tech. Alten delivered a worse than expected activity and Nemetschek (a German software group, Editor’s note) has released good figures, “adds this analyst.

Capgemini will publish its annual results on February 18 before the opening of the market.

Note that despite its good figures, SAP is hardly evolving on the Frankfurt Stock Exchange. The title thus takes 0.4% in the early afternoon. “It is above all the former SAP trades that do better than expected which may explain that the action does not move more than that”, judges the Parisian analyst previously quoted.