SAP has reported total revenues of €2.51 billion for the third quarter of 2009, a decrease of 9% compared to €2.76 billion for the same period last year. Software revenues were down 31% to €525m , compared to €763m and software and software-related service revenues were down 3% to €1.94 billion, compared to €1.99 billion.
For the quarter ended September 30, 2009, the company posted an operating income of €606m, a decrease of 1% compared to €614m for the same period a year ago. Operating income was negatively impacted by restructuring charges of €21m resulting from the previously announced reduction of positions.
Operating income was also affected by non-recurring items, particularly litigation expenses and profit resulting from reversals of provisions for the acquisition of Business Objects. Operating margin was 24.2%, an increase of 2.0 percentage points compared to 22.2% for the same period last year. The restructuring charges resulting from the reduction of positions negatively impacted the operating margin by 0.8 percentage points.
The company posted a net income of €435m for the third quarter of 2009, an increase of 12% compared to €389m for the same period previous year.