News Analysis - SAP wants (needs?) to find efficiencies after Elliott Investment
•
0 likes•1,628 views
Holger Mueller shares his news analysis on the recent investment of Elliott Capital into SAP (April 24th 2019) , and the new quest for efficiencies by SAP executive Management.
Report
Share
Report
Share
![© 2010-2019 HMCC & Constellation Research, Inc. All rights reserved. 1#SAPPHIRENOW
News Analysis - SAP wants Operational Efficiencies
MyPOV: SAP ties its financial hands for the next 5 years on a financial
plan to please an activist investor. Tricky as R&D & customer
migration need to align. But SAP is traditionally good at execution.
Might be reason for recent turmoil (layoffs, tech de-emphasis etc).
[April 24th 2019] SAP forms a special executive Board Committee that
will drive operational efficiencies across all functions. Members tbd.
Targets 75% non IFRS cloud margin by 2023, and yoy 100 basis points
profit increase. Fixes dividend payout ratio. New share repurchase.
Only tuck-in acquisitions. 1st findings at special event, Nov 12th 2019.
Elliott Management shares 1.2B E equity investment into SAP.](https://image.slidesharecdn.com/newsanalyis-sapfindsefficiency-190429000705/85/News-Analysis-SAP-wants-needs-to-find-efficiencies-after-Elliott-Investment-1-320.jpg)
Recommended
TATA & Bhusahan
This document appears to analyze a hypothetical scenario where Tata acquires Bhushan. It shows historical financial data for both companies. A combined valuation with synergies is $7.41 billion, while without synergies is $5.46 billion. The document questions whether Tata's aggressive bid for the debt-ridden Bhushan is a good strategy, and models a scenario where synergies from 10% revenue growth and 5% cost savings could create value for shareholders.
Fixed Capital Evaluation To Improve Business Growth Powerpoint Presentation S...
This document discusses evaluating fixed capital requirements to improve business growth. It includes an agenda covering assessing fixed capital performance, understanding needs for land, buildings, and machinery, and evaluating expansion and replacement needs. Techniques to be considered include net present value, internal rate of return, payback period. The implementation plan involves inventorying assets, assessing conditions, establishing maintenance plans, identifying failure impacts, and developing optimization and funding strategies. Software can help manage assets, reduce downtime, and provide project snapshots and depreciation methods. Dashboards can track asset values across categories.
20220203financial results-presentation
SIOS Corp reported financial results for the 2021 fiscal year ended December 31, 2021. Net sales increased 6.0% year-over-year to 15,725 million yen, while operating income rose 51.7% to 358 million yen. For fiscal 2022, SIOS forecasts net sales of 16,000 million yen and operating income of 100 million yen, aiming to maintain growth momentum through expanding its SaaS business and upgrading cloud applications. The company also plans to optimize SG&A expenses by closing offices in Tokyo.
DSP Tax Saver Fund
The document provides information on the DSP Tax Saver Fund, an open-ended equity linked savings scheme (ELSS) that aims to provide long term capital appreciation and income tax benefits. The fund uses a blended top-down and bottom-up approach to construct a diversified multi-cap portfolio of 60-75 stocks. It is managed with a focus on investing in companies with strong fundamentals and growth prospects using a growth at reasonable price style. The fund has outperformed its benchmark over various periods under the tenure of the fund manager Rohit Singhania and maintains a large cap bias with top ten holdings constituting around 40% of assets.
DSP ELSS Tax Saver Fund Presentation.pdf
The document provides an overview of the DSP Tax Saver Fund, an open-ended equity linked savings scheme (ELSS) that aims to provide long-term capital appreciation by investing in a diversified portfolio of equity and equity-related instruments. Key points include:
- The fund follows a blended approach of top-down sector allocation and bottom-up stock selection across large, mid, and small-cap stocks.
- Investing in the fund allows tax deductions of up to Rs. 1.5 lakh per year under Section 80C and has a mandatory 3-year lock-in period.
- The fund manager uses a research-driven process of in-depth sector and stock analysis to
Riverstone Holdings Arohi Asset Management Stock Pitch Challenge 2020
This slide deck was prepared by Kenny Chia for the Arohi Asset Management Stock Pitch Challenge 2020 held on 7th February 2020.
DSP Equity Opportunities Fund
The document provides an overview of the DSP Equity Opportunities Fund, a large and mid-cap equity fund managed by DSP Investment Managers. The fund seeks to invest in established and emerging companies across sectors and market caps using a blend of top-down and bottom-up strategies. It has a track record of over two decades and aims to provide long-term capital appreciation through a diversified portfolio. The investment process involves in-depth research and analysis to identify attractive stocks while managing risk. As of September 2021, the fund had over 98% exposure to equities with top holdings in financial, materials, and industrial stocks.
AssignmentInvestment Management, Fin 3720Final examAgreement By s.docx
AssignmentInvestment Management, Fin 3720Final examAgreement: By submitting the complete final exam to Bb I agree that I have not given any help to another student nor has another person given help to me.Fall 20141. Only open Blackboard and Excel on your computer.2. Please save your file frequently on the computer's desktop.3. Please use the cells to the right of the data to make calculations, or you can add rows in the ss to make calculations.4. Write your comments in the folder "Written comments".5. When done rename the file to your ID number (no names) and post in Bb and email to [email protected]AssignmentWelcome to Alpha Value Investors, LLC. We are pleased you have joined our investment firm, and hope that you appreciate our approach to investing. Almost all of our clients have well-diversified, efficient portfolios. Most have a "reasonably conservative" risk profile, but are also interested in having a non-core part of their portfolios invested in individual securities.Unfortunately, Mike has been called to a meeting, but he would like your help on a recommendation to the investment committee. As a retail industry analyst, he is considering recommending one of two stocks to our clients next week. The firms are the Gap, Inc. (GPS) and Coach, Inc. (COH).In this file are analyst reports and data on the firms. Please analyze these two companies and make a recommendation of one firm to our clients to be purchased as a long-term investment. The non-core, security portion of their portfolios are balanced across sectors but additional weight in the consumer cyclical sector would improve the allocation. The investment committee meeting is in two hours and Mike will meet you out side the meeting room so please complete your analysis in this file and be prepared to share your findings with the committee and Mike.
Written commentsWritten comments:Note: Your are welcome to format this areas as you like to present the most compelling case for investing in one of the firms.
FrameworkBAGrowth70%80%Perf. Ratios70%60%Mkt. Metrics90%70%Cash flow70%65%Value Creation70%95%
B Growth Perf. Ratios Mkt. Metrics Cash flow Value Creation 0.7 0.7 0.9 0.7 0.7 A Growth Perf. Ratios Mkt. Metrics Cash flow Value Creation 0.8 0.6 0.7 0.65 0.95
FormulasFormulasSustainable growth rate gs = ROE * bInternal growth rate gi = ROE * b * (E/A)Free Cash Flow Ebit * (1-t) + depreciation - change in NWC - CapExDividend Discount Model (constant-growth)P0 = (D1 / (ke - gss))Value with non-constant growth modelsP0 = (Div1 / (1+ r)1) + (Div2 / (1+ r)2) + (Div3 / (1+ r)3) +(TV3 / (1+ r)3)Where TV3 = (Div4 / (r - gss))And, where Divn cnd be substituted for FCFnAnd, where ke is also called rAnd, where Terminal Value (TV) also called Horizontal ValueDividend Discount Model (no-growth)P0 = Div1 / keHolding period returnReturn = (D1 + (P1 - P0)) / P0CAPMke = rf + β (rm - rf), last element often referred to as "market premium"WACCWACC = ke (E / (E + D)) + kd (1 - t) (D / (E ...
Recommended
TATA & Bhusahan
This document appears to analyze a hypothetical scenario where Tata acquires Bhushan. It shows historical financial data for both companies. A combined valuation with synergies is $7.41 billion, while without synergies is $5.46 billion. The document questions whether Tata's aggressive bid for the debt-ridden Bhushan is a good strategy, and models a scenario where synergies from 10% revenue growth and 5% cost savings could create value for shareholders.
Fixed Capital Evaluation To Improve Business Growth Powerpoint Presentation S...
This document discusses evaluating fixed capital requirements to improve business growth. It includes an agenda covering assessing fixed capital performance, understanding needs for land, buildings, and machinery, and evaluating expansion and replacement needs. Techniques to be considered include net present value, internal rate of return, payback period. The implementation plan involves inventorying assets, assessing conditions, establishing maintenance plans, identifying failure impacts, and developing optimization and funding strategies. Software can help manage assets, reduce downtime, and provide project snapshots and depreciation methods. Dashboards can track asset values across categories.
20220203financial results-presentation
SIOS Corp reported financial results for the 2021 fiscal year ended December 31, 2021. Net sales increased 6.0% year-over-year to 15,725 million yen, while operating income rose 51.7% to 358 million yen. For fiscal 2022, SIOS forecasts net sales of 16,000 million yen and operating income of 100 million yen, aiming to maintain growth momentum through expanding its SaaS business and upgrading cloud applications. The company also plans to optimize SG&A expenses by closing offices in Tokyo.
DSP Tax Saver Fund
The document provides information on the DSP Tax Saver Fund, an open-ended equity linked savings scheme (ELSS) that aims to provide long term capital appreciation and income tax benefits. The fund uses a blended top-down and bottom-up approach to construct a diversified multi-cap portfolio of 60-75 stocks. It is managed with a focus on investing in companies with strong fundamentals and growth prospects using a growth at reasonable price style. The fund has outperformed its benchmark over various periods under the tenure of the fund manager Rohit Singhania and maintains a large cap bias with top ten holdings constituting around 40% of assets.
DSP ELSS Tax Saver Fund Presentation.pdf
The document provides an overview of the DSP Tax Saver Fund, an open-ended equity linked savings scheme (ELSS) that aims to provide long-term capital appreciation by investing in a diversified portfolio of equity and equity-related instruments. Key points include:
- The fund follows a blended approach of top-down sector allocation and bottom-up stock selection across large, mid, and small-cap stocks.
- Investing in the fund allows tax deductions of up to Rs. 1.5 lakh per year under Section 80C and has a mandatory 3-year lock-in period.
- The fund manager uses a research-driven process of in-depth sector and stock analysis to
Riverstone Holdings Arohi Asset Management Stock Pitch Challenge 2020
This slide deck was prepared by Kenny Chia for the Arohi Asset Management Stock Pitch Challenge 2020 held on 7th February 2020.
DSP Equity Opportunities Fund
The document provides an overview of the DSP Equity Opportunities Fund, a large and mid-cap equity fund managed by DSP Investment Managers. The fund seeks to invest in established and emerging companies across sectors and market caps using a blend of top-down and bottom-up strategies. It has a track record of over two decades and aims to provide long-term capital appreciation through a diversified portfolio. The investment process involves in-depth research and analysis to identify attractive stocks while managing risk. As of September 2021, the fund had over 98% exposure to equities with top holdings in financial, materials, and industrial stocks.
AssignmentInvestment Management, Fin 3720Final examAgreement By s.docx
AssignmentInvestment Management, Fin 3720Final examAgreement: By submitting the complete final exam to Bb I agree that I have not given any help to another student nor has another person given help to me.Fall 20141. Only open Blackboard and Excel on your computer.2. Please save your file frequently on the computer's desktop.3. Please use the cells to the right of the data to make calculations, or you can add rows in the ss to make calculations.4. Write your comments in the folder "Written comments".5. When done rename the file to your ID number (no names) and post in Bb and email to [email protected]AssignmentWelcome to Alpha Value Investors, LLC. We are pleased you have joined our investment firm, and hope that you appreciate our approach to investing. Almost all of our clients have well-diversified, efficient portfolios. Most have a "reasonably conservative" risk profile, but are also interested in having a non-core part of their portfolios invested in individual securities.Unfortunately, Mike has been called to a meeting, but he would like your help on a recommendation to the investment committee. As a retail industry analyst, he is considering recommending one of two stocks to our clients next week. The firms are the Gap, Inc. (GPS) and Coach, Inc. (COH).In this file are analyst reports and data on the firms. Please analyze these two companies and make a recommendation of one firm to our clients to be purchased as a long-term investment. The non-core, security portion of their portfolios are balanced across sectors but additional weight in the consumer cyclical sector would improve the allocation. The investment committee meeting is in two hours and Mike will meet you out side the meeting room so please complete your analysis in this file and be prepared to share your findings with the committee and Mike.
Written commentsWritten comments:Note: Your are welcome to format this areas as you like to present the most compelling case for investing in one of the firms.
FrameworkBAGrowth70%80%Perf. Ratios70%60%Mkt. Metrics90%70%Cash flow70%65%Value Creation70%95%
B Growth Perf. Ratios Mkt. Metrics Cash flow Value Creation 0.7 0.7 0.9 0.7 0.7 A Growth Perf. Ratios Mkt. Metrics Cash flow Value Creation 0.8 0.6 0.7 0.65 0.95
FormulasFormulasSustainable growth rate gs = ROE * bInternal growth rate gi = ROE * b * (E/A)Free Cash Flow Ebit * (1-t) + depreciation - change in NWC - CapExDividend Discount Model (constant-growth)P0 = (D1 / (ke - gss))Value with non-constant growth modelsP0 = (Div1 / (1+ r)1) + (Div2 / (1+ r)2) + (Div3 / (1+ r)3) +(TV3 / (1+ r)3)Where TV3 = (Div4 / (r - gss))And, where Divn cnd be substituted for FCFnAnd, where ke is also called rAnd, where Terminal Value (TV) also called Horizontal ValueDividend Discount Model (no-growth)P0 = Div1 / keHolding period returnReturn = (D1 + (P1 - P0)) / P0CAPMke = rf + β (rm - rf), last element often referred to as "market premium"WACCWACC = ke (E / (E + D)) + kd (1 - t) (D / (E ...
Moelis Company July Investor Presentation
This document provides an overview of Moelis & Company, a global independent investment bank. The summary is:
1) Moelis & Company has experienced strong organic growth since its founding in 2007, with revenues increasing 90% since its IPO and a global footprint expanded to 19 locations.
2) The company has a differentiated business model focused on relationships, judgment and experience rather than commissions. This model has delivered high returns for shareholders through significant dividend payments and share price appreciation.
3) Moelis & Company is well positioned for continued growth, benefiting from a strong M&A environment, the maturation of its global platform, and its focus on talent development and returns.
Corporate Finance TEA.pptx
This presentation analyzes the corporate finance of Navin Fluorine International Ltd (NFIL), an Indian manufacturer of specialty fluorochemicals. It discusses NFIL's business model, top expenses, working capital, quantitative ratios like current ratio and EBIT margin from 2018-2022. The analysis finds that NFIL has no short-term or long-term debt, indicating a strong financial position. However, asset utilization and returns on assets have declined. Financial leverage has also been negative in recent years. The presentation recommends NFIL focus on sales growth to overcome leverage issues and ensure efficient use of expanding assets.
MTNL Financial Analysis
1. The document provides an annual report of Mahanagar Telephone Nigam Limited (MTNL) for the financial year 2011-2012.
2. It summarizes MTNL's performance, sources and uses of funds, and dividends. It also includes sections on the board of directors, director's report, and corporate governance.
3. Key highlights include MTNL facing competition and declining revenues. It also took significant loans to acquire 3G and BWA spectrum for Delhi and Mumbai. No dividend was recommended due to lack of operating profit.
Sap q1 updatecall_2014
SAP presented its strategy, financial performance, and financing plans. Key points:
1) SAP reiterated its mid-term outlook of €22B+ in revenue and 35% operating margin by 2017 through cloud and core business growth.
2) SAP's Q1 revenue grew 4% to €3.7B and cloud subscriptions rose 38%, ahead of annual targets.
3) SAP maintains a strong balance sheet and liquidity position through steady cash flows and fast debt repayment following acquisitions.
2011 - Q1 - Commentary
- In Q1 2011, the Concentrated Growth portfolio rose 11.7% compared to a 9.8% rise in the benchmark index. Since inception in 2007, the strategy has earned an annualized return of 10.0% versus 5.3% for the benchmark.
- Stocks in the energy, healthcare, staples, and tech hardware sectors performed well, while consumer discretionary lagged. Strong stock selection led to outperformance in tech services, commercial services, and industrials.
- Savvis Inc. contributed positively as earnings estimates rose and a competitor was acquired. Primo Water Corp. detracted after estimates declined, though the company was recently repurchased.
DSP Equity & Bond Fund
This document discusses the DSP Equity & Bond Fund, a hybrid fund that invests predominantly in equity and equity-related instruments as well as debt securities. It notes that mixing equity and debt can help provide a smoother investment experience for investors compared to investing only in equities. The DSP Equity & Bond Fund aims to provide capital appreciation through its equity allocation while also generating income through its debt allocation and reducing volatility through asset allocation and periodic rebalancing between equity and debt. The document provides details on the fund's investment framework, portfolio managers, historical performance compared to benchmarks, and current allocations within its equity and debt portions.
DSP Equity & Bond Fund
This document provides an overview of the DSP Equity & Bond Fund, a hybrid fund that invests predominantly in equity and equity-related instruments. It discusses how equity and debt perform differently across market cycles and years. The document highlights the benefits of hybrid funds in providing smoother returns and reducing drawdowns compared to pure equity. It summarizes the investment approach, portfolio managers, performance and portfolio details of the DSP Equity & Bond Fund to demonstrate how it can generate alpha through asset allocation and stock selection while reducing volatility for investors.
DSP Equity & Bond Fund Presentation .pdf
This document provides an overview of the DSP Equity & Bond Fund, a hybrid fund that invests predominantly in equity and equity-related instruments. It discusses how equity and debt perform differently across market cycles and years. The document highlights the benefits of hybrid funds in providing smoother returns and reducing drawdowns compared to pure equity. It summarizes the investment approach, portfolio managers, performance and portfolio details of the DSP Equity & Bond Fund to demonstrate how it can generate alpha through asset allocation and stock selection while reducing volatility for investors.
Resume-CA Amarendra Kar-Global Sales Incentives Manager
Amarendra Kar is a Chartered Accountant with over 11 years of experience in finance, accounting, and business operations. He has worked for companies like Tata Communications, IBM Daksh, PepsiCo India, and Gati managing tasks such as financial reporting, budgeting, accounting, statutory compliances, and sales commission computations. Currently he is the Manager of Global Sales Incentives Planning and Payouts at Tata Communications handling processes for 1200 sales employees globally.
Sap agm meeting2014
The annual general meeting of shareholders of SAP AG was held on May 21, 2014 in Mannheim, Germany. SAP's strategy is accelerating expansion of its addressable market from $110 billion in 2010 to $350 billion in 2020 through areas like cloud, mobile, analytics and applications. SAP executed well on its strategy in 2013, achieving growth targets and expanding its customer base. SAP is shifting to a cloud subscription model to deliver recurring revenue and simplify everything through the power of cloud and SAP HANA.
ppl annual reports 2006
The 2006 annual report of PPL Corporation provides an overview of the company's business and financial performance in 2006. PPL controls over 11,000 megawatts of electricity generating capacity in key U.S. markets and provides electricity delivery services to over 5 million customers. The report discusses PPL's strategy for continued growth, including expanding its wholesale energy marketing business, increasing generating capacity, potential acquisitions of power plants, and exploring new plant construction. The Chairman expresses optimism that PPL is well-positioned for future growth and success in both regulated and deregulated electricity markets.
20200205financial results-presentation.pdf
SIOS Corporation released its financial results for the fiscal year ended December 31, 2019. While net sales reached a record high and increased 6.9% year-over-year, operating profit declined 81.1% due to lower sales and profits from software applications for MFPs and business with financial institutions. For the 2020-2022 medium-term business plan, SIOS will focus on transitioning to a subscription business model and increasing recurring revenues to improve profitability metrics like EBITDA and ROIC over the next three years. SIOS forecasts net sales to increase 4.5% to 14.3 billion yen in fiscal 2020 through new product releases and enhancing customer satisfaction.
A study on financial analysis of jk cement limited
The document analyzes the financial performance of J.K. Cement Limited from 2011-2015 using ratio analysis. Key findings include that the company's profits increased 61% in 2014-15 due to increased sales volumes. Working capital is well managed at 31.54% of current assets. Liquidity needs some improvement as current ratios are below ideal levels. Efficiency ratios show improved inventory and debtors' turnover. Overall, the analysis finds that while financial performance is satisfactory, there is still scope for further improvement in liquidity, efficiency, and profitability.
20180205financial results-presentation.pdf
SIOS Corporation reported its financial results for fiscal year 2017, ended December 31, 2017. Net sales increased 3.2% to 12,470 million yen, while operating profit decreased 32.4% to 320 million yen due to an impairment loss related to its acquisition of Profit Cube. Key initiatives for 2017 included continuing investment in R&D, becoming more competitive in core businesses, and expanding into new segments such as fintech. For 2018, SIOS plans to focus on establishing a new business model for Profit Cube and taking advantage of opportunities in fintech.
Annual Report Final
1) Erie led the sensor industry in operating efficiency and productivity from 2016 to 2021 through strategic investments in automation, training programs, and process improvements. Their focus on cost leadership in low-tech segments led to high profit margins.
2) By 2021, Erie had the second highest profits in the industry at over $34 million, with earnings per share of $14.59. Their investments positioned them well for future growth.
3) Erie's original strategic plan was to gain market share in the low-end and traditional segments through low costs. However, they adapted over time, adding a new traditional product, improving existing products, and expanding into the performance segment due to opportunities they observed.
Wajahat_CV_2016
Wajahat Rasool has over 20 years of experience in finance and management roles in Saudi Arabia and Pakistan, including managing banking facilities of SR 4 billion and projects of SR 7 billion. He has extensive experience implementing ERP systems and internal controls, as well as uncovering a SR 20 million fraud. His career includes positions as Group Director of Finance, Finance Manager, and Group Finance Manager for various contracting, manufacturing, and financial companies.
Annual PAR Powerpoint Presentation Slides
It has PPT slides covering wide range of topics showcasing all the core areas of your business needs. This complete deck focuses on Annual PAR Powerpoint Presentation Slides and consists of professionally designed templates with suitable graphics and appropriate content. This deck has total of fifty one slides. Our designers have created customizable templates for your convenience. You can make the required changes in the templates like colour, text and font size. Other than this, content can be added or deleted from the slide as per the requirement. Get access to this professionally designed complete deck PPT presentation by clicking the download button below. https://bit.ly/3tPwK15
Singapore airline
The document discusses Singapore Airlines (SIA), the national carrier of Singapore. It provides background on SIA, noting it was founded in 1972 and has grown to become one of the largest airlines in the world. SIA's mission is to provide high quality air transportation and maximize returns for shareholders and employees. The document then analyzes SIA's strategic management process, discussing its organizational structure, marketing capabilities, research and development, and past objectives and strategies. It also includes a SWOT analysis and recommendations. Key statistics show SIA is struggling to retain regular customers and suffered losses despite increasing customer numbers.
DSP Flexi Cap Fund
The document provides an overview of the DSP Flexi Cap Fund, a flexi cap mutual fund scheme that invests across large, mid, and small cap stocks. The fund follows a core-satellite approach, with 75-80% allocated to a core portfolio of high-quality businesses based on long-term themes and 20-25% to tactical opportunities. The investment team uses a framework focusing on business strength, management quality, and growth prospects to identify companies. The fund has outperformed its benchmark over multiple periods under the management of Atul Bhole since 2016, demonstrating a better risk-adjusted return profile.
20220728financial-results-presentation.pdf
1) SIOS Corp. reported financial results for the first 6 months of 2022, with net sales down 10.2% YoY to ¥8.079 billion and an operating loss of ¥225 million compared to a profit of ¥295 million in the same period last year.
2) The company lowered its full-year forecasts due to weaker sales of certain software products and increased investments in new SaaS solutions.
3) SIOS plans to focus on growing its SaaS business, including new offerings in healthcare IT and HR tech, to achieve its goal of contributing innovative solutions to society.
Event Report - SAP Sapphire 2024 Orlando - lots of innovation and old challenges
Holger Mueller of Constellation Research shares his key takeaways from SAP's Sapphire confernece, held in Orlando, June 3rd till 5th 2024, in the Orange Convention Center.
Event Report - IBM Think 2024 - It is all about AI and hybrid
IBM had its user conference Think in Boston from May 20th till 22nd, held at the BCE, well attended. Holger Mueller of Constellation Research shares his key takeaways from the conference.
More Related Content
Similar to News Analysis - SAP wants (needs?) to find efficiencies after Elliott Investment
Moelis Company July Investor Presentation
This document provides an overview of Moelis & Company, a global independent investment bank. The summary is:
1) Moelis & Company has experienced strong organic growth since its founding in 2007, with revenues increasing 90% since its IPO and a global footprint expanded to 19 locations.
2) The company has a differentiated business model focused on relationships, judgment and experience rather than commissions. This model has delivered high returns for shareholders through significant dividend payments and share price appreciation.
3) Moelis & Company is well positioned for continued growth, benefiting from a strong M&A environment, the maturation of its global platform, and its focus on talent development and returns.
Corporate Finance TEA.pptx
This presentation analyzes the corporate finance of Navin Fluorine International Ltd (NFIL), an Indian manufacturer of specialty fluorochemicals. It discusses NFIL's business model, top expenses, working capital, quantitative ratios like current ratio and EBIT margin from 2018-2022. The analysis finds that NFIL has no short-term or long-term debt, indicating a strong financial position. However, asset utilization and returns on assets have declined. Financial leverage has also been negative in recent years. The presentation recommends NFIL focus on sales growth to overcome leverage issues and ensure efficient use of expanding assets.
MTNL Financial Analysis
1. The document provides an annual report of Mahanagar Telephone Nigam Limited (MTNL) for the financial year 2011-2012.
2. It summarizes MTNL's performance, sources and uses of funds, and dividends. It also includes sections on the board of directors, director's report, and corporate governance.
3. Key highlights include MTNL facing competition and declining revenues. It also took significant loans to acquire 3G and BWA spectrum for Delhi and Mumbai. No dividend was recommended due to lack of operating profit.
Sap q1 updatecall_2014
SAP presented its strategy, financial performance, and financing plans. Key points:
1) SAP reiterated its mid-term outlook of €22B+ in revenue and 35% operating margin by 2017 through cloud and core business growth.
2) SAP's Q1 revenue grew 4% to €3.7B and cloud subscriptions rose 38%, ahead of annual targets.
3) SAP maintains a strong balance sheet and liquidity position through steady cash flows and fast debt repayment following acquisitions.
2011 - Q1 - Commentary
- In Q1 2011, the Concentrated Growth portfolio rose 11.7% compared to a 9.8% rise in the benchmark index. Since inception in 2007, the strategy has earned an annualized return of 10.0% versus 5.3% for the benchmark.
- Stocks in the energy, healthcare, staples, and tech hardware sectors performed well, while consumer discretionary lagged. Strong stock selection led to outperformance in tech services, commercial services, and industrials.
- Savvis Inc. contributed positively as earnings estimates rose and a competitor was acquired. Primo Water Corp. detracted after estimates declined, though the company was recently repurchased.
DSP Equity & Bond Fund
This document discusses the DSP Equity & Bond Fund, a hybrid fund that invests predominantly in equity and equity-related instruments as well as debt securities. It notes that mixing equity and debt can help provide a smoother investment experience for investors compared to investing only in equities. The DSP Equity & Bond Fund aims to provide capital appreciation through its equity allocation while also generating income through its debt allocation and reducing volatility through asset allocation and periodic rebalancing between equity and debt. The document provides details on the fund's investment framework, portfolio managers, historical performance compared to benchmarks, and current allocations within its equity and debt portions.
DSP Equity & Bond Fund
This document provides an overview of the DSP Equity & Bond Fund, a hybrid fund that invests predominantly in equity and equity-related instruments. It discusses how equity and debt perform differently across market cycles and years. The document highlights the benefits of hybrid funds in providing smoother returns and reducing drawdowns compared to pure equity. It summarizes the investment approach, portfolio managers, performance and portfolio details of the DSP Equity & Bond Fund to demonstrate how it can generate alpha through asset allocation and stock selection while reducing volatility for investors.
DSP Equity & Bond Fund Presentation .pdf
This document provides an overview of the DSP Equity & Bond Fund, a hybrid fund that invests predominantly in equity and equity-related instruments. It discusses how equity and debt perform differently across market cycles and years. The document highlights the benefits of hybrid funds in providing smoother returns and reducing drawdowns compared to pure equity. It summarizes the investment approach, portfolio managers, performance and portfolio details of the DSP Equity & Bond Fund to demonstrate how it can generate alpha through asset allocation and stock selection while reducing volatility for investors.
Resume-CA Amarendra Kar-Global Sales Incentives Manager
Amarendra Kar is a Chartered Accountant with over 11 years of experience in finance, accounting, and business operations. He has worked for companies like Tata Communications, IBM Daksh, PepsiCo India, and Gati managing tasks such as financial reporting, budgeting, accounting, statutory compliances, and sales commission computations. Currently he is the Manager of Global Sales Incentives Planning and Payouts at Tata Communications handling processes for 1200 sales employees globally.
Sap agm meeting2014
The annual general meeting of shareholders of SAP AG was held on May 21, 2014 in Mannheim, Germany. SAP's strategy is accelerating expansion of its addressable market from $110 billion in 2010 to $350 billion in 2020 through areas like cloud, mobile, analytics and applications. SAP executed well on its strategy in 2013, achieving growth targets and expanding its customer base. SAP is shifting to a cloud subscription model to deliver recurring revenue and simplify everything through the power of cloud and SAP HANA.
ppl annual reports 2006
The 2006 annual report of PPL Corporation provides an overview of the company's business and financial performance in 2006. PPL controls over 11,000 megawatts of electricity generating capacity in key U.S. markets and provides electricity delivery services to over 5 million customers. The report discusses PPL's strategy for continued growth, including expanding its wholesale energy marketing business, increasing generating capacity, potential acquisitions of power plants, and exploring new plant construction. The Chairman expresses optimism that PPL is well-positioned for future growth and success in both regulated and deregulated electricity markets.
20200205financial results-presentation.pdf
SIOS Corporation released its financial results for the fiscal year ended December 31, 2019. While net sales reached a record high and increased 6.9% year-over-year, operating profit declined 81.1% due to lower sales and profits from software applications for MFPs and business with financial institutions. For the 2020-2022 medium-term business plan, SIOS will focus on transitioning to a subscription business model and increasing recurring revenues to improve profitability metrics like EBITDA and ROIC over the next three years. SIOS forecasts net sales to increase 4.5% to 14.3 billion yen in fiscal 2020 through new product releases and enhancing customer satisfaction.
A study on financial analysis of jk cement limited
The document analyzes the financial performance of J.K. Cement Limited from 2011-2015 using ratio analysis. Key findings include that the company's profits increased 61% in 2014-15 due to increased sales volumes. Working capital is well managed at 31.54% of current assets. Liquidity needs some improvement as current ratios are below ideal levels. Efficiency ratios show improved inventory and debtors' turnover. Overall, the analysis finds that while financial performance is satisfactory, there is still scope for further improvement in liquidity, efficiency, and profitability.
20180205financial results-presentation.pdf
SIOS Corporation reported its financial results for fiscal year 2017, ended December 31, 2017. Net sales increased 3.2% to 12,470 million yen, while operating profit decreased 32.4% to 320 million yen due to an impairment loss related to its acquisition of Profit Cube. Key initiatives for 2017 included continuing investment in R&D, becoming more competitive in core businesses, and expanding into new segments such as fintech. For 2018, SIOS plans to focus on establishing a new business model for Profit Cube and taking advantage of opportunities in fintech.
Annual Report Final
1) Erie led the sensor industry in operating efficiency and productivity from 2016 to 2021 through strategic investments in automation, training programs, and process improvements. Their focus on cost leadership in low-tech segments led to high profit margins.
2) By 2021, Erie had the second highest profits in the industry at over $34 million, with earnings per share of $14.59. Their investments positioned them well for future growth.
3) Erie's original strategic plan was to gain market share in the low-end and traditional segments through low costs. However, they adapted over time, adding a new traditional product, improving existing products, and expanding into the performance segment due to opportunities they observed.
Wajahat_CV_2016
Wajahat Rasool has over 20 years of experience in finance and management roles in Saudi Arabia and Pakistan, including managing banking facilities of SR 4 billion and projects of SR 7 billion. He has extensive experience implementing ERP systems and internal controls, as well as uncovering a SR 20 million fraud. His career includes positions as Group Director of Finance, Finance Manager, and Group Finance Manager for various contracting, manufacturing, and financial companies.
Annual PAR Powerpoint Presentation Slides
It has PPT slides covering wide range of topics showcasing all the core areas of your business needs. This complete deck focuses on Annual PAR Powerpoint Presentation Slides and consists of professionally designed templates with suitable graphics and appropriate content. This deck has total of fifty one slides. Our designers have created customizable templates for your convenience. You can make the required changes in the templates like colour, text and font size. Other than this, content can be added or deleted from the slide as per the requirement. Get access to this professionally designed complete deck PPT presentation by clicking the download button below. https://bit.ly/3tPwK15
Singapore airline
The document discusses Singapore Airlines (SIA), the national carrier of Singapore. It provides background on SIA, noting it was founded in 1972 and has grown to become one of the largest airlines in the world. SIA's mission is to provide high quality air transportation and maximize returns for shareholders and employees. The document then analyzes SIA's strategic management process, discussing its organizational structure, marketing capabilities, research and development, and past objectives and strategies. It also includes a SWOT analysis and recommendations. Key statistics show SIA is struggling to retain regular customers and suffered losses despite increasing customer numbers.
DSP Flexi Cap Fund
The document provides an overview of the DSP Flexi Cap Fund, a flexi cap mutual fund scheme that invests across large, mid, and small cap stocks. The fund follows a core-satellite approach, with 75-80% allocated to a core portfolio of high-quality businesses based on long-term themes and 20-25% to tactical opportunities. The investment team uses a framework focusing on business strength, management quality, and growth prospects to identify companies. The fund has outperformed its benchmark over multiple periods under the management of Atul Bhole since 2016, demonstrating a better risk-adjusted return profile.
20220728financial-results-presentation.pdf
1) SIOS Corp. reported financial results for the first 6 months of 2022, with net sales down 10.2% YoY to ¥8.079 billion and an operating loss of ¥225 million compared to a profit of ¥295 million in the same period last year.
2) The company lowered its full-year forecasts due to weaker sales of certain software products and increased investments in new SaaS solutions.
3) SIOS plans to focus on growing its SaaS business, including new offerings in healthcare IT and HR tech, to achieve its goal of contributing innovative solutions to society.
Similar to News Analysis - SAP wants (needs?) to find efficiencies after Elliott Investment (20)
Resume-CA Amarendra Kar-Global Sales Incentives Manager
Resume-CA Amarendra Kar-Global Sales Incentives Manager
A study on financial analysis of jk cement limited
A study on financial analysis of jk cement limited
More from Holger Mueller
Event Report - SAP Sapphire 2024 Orlando - lots of innovation and old challenges
Holger Mueller of Constellation Research shares his key takeaways from SAP's Sapphire confernece, held in Orlando, June 3rd till 5th 2024, in the Orange Convention Center.
Event Report - IBM Think 2024 - It is all about AI and hybrid
IBM had its user conference Think in Boston from May 20th till 22nd, held at the BCE, well attended. Holger Mueller of Constellation Research shares his key takeaways from the conference.
Progress Report - UKG Analyst Summit 2024 - A lot to do - Good Progress1-1.pdf
The yearly UKG analyst summuit was held in Las Vegas at ResortsWorld / Conrad on May 14th 2024. Holger Mueller of Constellation Research attended and is sharing his key takeaways.
Progress Report - Oracle's OCI Analyst Summit 2024
Oracle held its 2024 Oracle Cloud Infrastructure (OCI) analyst summit in Seattle on May 9th 2024 - the key takeaways - Oracle is on a roll. The flexible DC design has enabled Oracle not only to lead in data center locations, but also be able to OEM / partner for cloud infrastructure across the globe. Massive investment into Nvidia GPUs also makes OCI the number #1 cloud for Nvidia AI workloads.
Progress Report - Oracle Database Analyst Summit
Oracle held its yearly database analyst summit at former HQ in Redwood Shores, on April 24th. The summit was well attended, with Oracle showing good progress across the database offerings, both for Oracle database and Oracle mySQL HeatWave. The event was under NDA - so Holger Mueller of Constellation Reserach could only report the high level takeaways... more to come in May from Oracle.
[1Slide] Event Report AWS ReInvent 2023 - Q stands out
Holger Mueller of Constellation Research shares his key takeaways from AWS re:Invent conference, held all across the Las Vegas strip from November 26th till December 1st 2023.
Event Report Ceridian Insights 2023
I had the opportunity to attend Ceridian's Insights 2023 in Las Vegas October 2nd till 5th 2023 at the Venetian. Great progress across the baord, payroll commitments stand out. Ceridian will become Dayforce January 2024.
Event Report - Workday Rising 2023
Holger Mueller of Constellation Research summarizes Workday Rising 2023 - held in San Francisco at Moscone Center from September 26th till 29th 2023.
1Slide - Event Report - Oracle Cloud World 2023
I had the opprtunity to attend Oracle's yearly user conference, CloudWorld in Las Vegas, from September 17th tiull 20th 2023 - held at the Venetian Conference Center, attended by over 15k attendeees.
Progress Report - ADP Analyst Day 2023 - Mometum is building
I had the chance to attent ADP's yearly analyst day, held in New York on September 12 2023. ADP has made progress on customer adoption of its next generation offerings and has a compelling strategy for (generative) AI.
HPE Discover 2023.pdf
HPE held its annual Discover conference in Las Vegas with around 10,000 attendees, the first fully in-person since COVID. The conference highlighted HPE's focus on its Greenlake as-a-service brand, including new Greenlake Private Cloud offerings and workload portability. HPE also emphasized its AI capabilities through the Cray acquisition and new AlexAlpha processor.
Key Takeaways from Sapphire 2023 - Orlando and Barcelona
Holger Mueller of Constellation Reserch shares his key takeaways from Sapphire Orlando and Barcelona in his proven 1 Slide format. Overall good progress, with vertical networks, sustainability and BTP sticking out. For AI SAP needs to clarifiy direction in regards of data and cloud. And customers deserve to know what they will have in 2027 - or not.
[1Slide] Event Report - Quantum Partner 2023 Paris
IBM invited its partners for three days to the IBM Innovation Lab in Paris, to share progress in quantum as well as provide partner the chance to educate each other, share progress and state of their projects as well as ample network opportunities.
[1Slide] Takeaways from InformaticaWorld 2023
Informatica held its yearly user conference in Las Vegas with about 3,000 attendees. The conference highlighted Informatica's moves into generative AI with ClaireGPT and progress with general AI through Claire. Key partnerships with Microsoft, Google, and Oracle were also emphasized. However, disruption of data and integration management was predicted in the next 5 years.
1Slide DB Summit 2023 1-1.pdf
Oracle's database portfolio is strengthened by its dual on-premise and cloud offerings which are accelerated by the Exadata platform and Oracle Cloud Infrastructure. The analyst summit was well attended and covered Oracle's continued innovation for its database including new versions of Exadata, cloud services for Exadata, and a focus on sovereign clouds. MySQL HeatWave continues to perform well and new data warehouse announcements are expected soon as Oracle aims to engage more developers.
Event Report - IBM State of Hybrid Cloud Event 2023
Holger Mueller of Constellation Reserch shares his key takeawas from the FastCompany & IBM State of Hybrid Cloud event, held on March 30th 2023.
Event Report - AI & ML Summit 2023 1-1.pdf
Holger Mueller of Constellation Research shares his top takeways from Workday's 2023 AI & ML Summit, held in Cavallo Point March 13-15th 2023.
Event Report AWS ReInvent 2022 - Depth instead of Width
Holger Mueller of Constellation Research shares his key takeaways from AWS Re:Invent user conference - held November 28th till December 2nd 2022 in Las Vegas.
AWS is adding depth to offerings and across offerings. No traditional IT offering (e.g. QuickSight, or WorkSpaces), a lot of datalakes (security, healthcare and supply chain management), the key focus is on data, which is a key step for the future, as enterprises need a good data foundation for successful AI. All quiet on the AI front, too - where AWS has not gained on leader Google, but also not lost any ground. Great impact on the partner side, and Re:Invent is again the yearly get together of the IT industry.
What were your impressions?
Event Report - SAP TechEd 2022 - Key Takeaways
Holger Mueller of Constellation Research shares his key takeaways from SAP TechEd, held virtual and in Las Vegas, November 15th and 16th 2022.
Event Report - CeridianINSIGHTS 2022 - Ceridian powers on
The key takeaways per Holger Mueller of Constellation Research about Ceridian INSIGHT's conference news and announcements, held in Las Vegas at the Wynn, November 7th till 10th 2022.
More from Holger Mueller (20)
Event Report - SAP Sapphire 2024 Orlando - lots of innovation and old challenges
Event Report - SAP Sapphire 2024 Orlando - lots of innovation and old challenges
Event Report - IBM Think 2024 - It is all about AI and hybrid
Event Report - IBM Think 2024 - It is all about AI and hybrid
Progress Report - UKG Analyst Summit 2024 - A lot to do - Good Progress1-1.pdf
Progress Report - UKG Analyst Summit 2024 - A lot to do - Good Progress1-1.pdf
Progress Report - Oracle's OCI Analyst Summit 2024
Progress Report - Oracle's OCI Analyst Summit 2024
[1Slide] Event Report AWS ReInvent 2023 - Q stands out
[1Slide] Event Report AWS ReInvent 2023 - Q stands out
Progress Report - ADP Analyst Day 2023 - Mometum is building
Progress Report - ADP Analyst Day 2023 - Mometum is building
Key Takeaways from Sapphire 2023 - Orlando and Barcelona
Key Takeaways from Sapphire 2023 - Orlando and Barcelona
[1Slide] Event Report - Quantum Partner 2023 Paris
[1Slide] Event Report - Quantum Partner 2023 Paris
Event Report - IBM State of Hybrid Cloud Event 2023
Event Report - IBM State of Hybrid Cloud Event 2023
Event Report AWS ReInvent 2022 - Depth instead of Width
Event Report AWS ReInvent 2022 - Depth instead of Width
Event Report - CeridianINSIGHTS 2022 - Ceridian powers on
Event Report - CeridianINSIGHTS 2022 - Ceridian powers on
Recently uploaded
Dpboss Matka Guessing Satta Matta Matka Kalyan Chart Indian Matka
Dpboss Matka Guessing Satta Matta Matka Kalyan Chart Indian Matka➒➌➎➏➑➐➋➑➐➐Dpboss Matka Guessing Satta Matka Kalyan Chart Indian Matka
9356872877Sattamatka.satta.matka.satta matka.kalyan weekly chart.kalyan chart.kalyan jodi chart.kalyan penal chart.kalyan today.kalyan open.fix satta.fix fix fix Satta matka nambar.The latest Heat Pump Manual from Newentide
𝐔𝐧𝐯𝐞𝐢𝐥 𝐭𝐡𝐞 𝐅𝐮𝐭𝐮𝐫𝐞 𝐨𝐟 𝐄𝐧𝐞𝐫𝐠𝐲 𝐄𝐟𝐟𝐢𝐜𝐢𝐞𝐧𝐜𝐲 𝐰𝐢𝐭𝐡 𝐍𝐄𝐖𝐍𝐓𝐈𝐃𝐄’𝐬 𝐋𝐚𝐭𝐞𝐬𝐭 𝐎𝐟𝐟𝐞𝐫𝐢𝐧𝐠𝐬
Explore the details in our newly released product manual, which showcases NEWNTIDE's advanced heat pump technologies. Delve into our energy-efficient and eco-friendly solutions tailored for diverse global markets.
2024-6-01-IMPACTSilver-Corp-Presentation.pdf
IMPACT Silver is a pure silver zinc producer with over $260 million in revenue since 2008 and a large 100% owned 210km Mexico land package - 2024 catalysts includes new 14% grade zinc Plomosas mine and 20,000m of fully funded exploration drilling.
Satta Matka Dpboss Matka Guessing Kalyan Chart Indian Matka Kalyan panel Chart
Satta Matka Dpboss Matka Guessing Kalyan Chart Indian Matka Kalyan panel Chart➒➌➎➏➑➐➋➑➐➐Dpboss Matka Guessing Satta Matka Kalyan Chart Indian Matka
SATTA MATKA SATTA FAST RESULT KALYAN TOP MATKA RESULT KALYAN SATTA MATKA FAST RESULT MILAN RATAN RAJDHANI MAIN BAZAR MATKA FAST TIPS RESULT MATKA CHART JODI CHART PANEL CHART FREE FIX GAME SATTAMATKA ! MATKA MOBI SATTA 143 spboss.in TOP NO1 RESULT FULL RATE MATKA ONLINE GAME PLAY BY APP SPBOSSPart 2 Deep Dive: Navigating the 2024 Slowdown
Introduction
The global retail industry has weathered numerous storms, with the financial crisis of 2008 serving as a poignant reminder of the sector's resilience and adaptability. However, as we navigate the complex landscape of 2024, retailers face a unique set of challenges that demand innovative strategies and a fundamental shift in mindset. This white paper contrasts the impact of the 2008 recession on the retail sector with the current headwinds retailers are grappling with, while offering a comprehensive roadmap for success in this new paradigm.
Top 10 Free Accounting and Bookkeeping Apps for Small Businesses
Maintaining a proper record of your money is important for any business whether it is small or large. It helps you stay one step ahead in the financial race and be aware of your earnings and any tax obligations.
However, managing finances without an entire accounting staff can be challenging for small businesses.
Accounting apps can help with that! They resemble your private money manager.
They organize all of your transactions automatically as soon as you link them to your corporate bank account. Additionally, they are compatible with your phone, allowing you to monitor your finances from anywhere. Cool, right?
Thus, we’ll be looking at several fantastic accounting apps in this blog that will help you develop your business and save time.
The Steadfast and Reliable Bull: Taurus Zodiac Sign
Explore the steadfast and reliable nature of the Taurus Zodiac Sign. Discover the personality traits, key dates, and horoscope insights that define the determined and practical Taurus, and learn how their grounded nature makes them the anchor of the zodiac.
Profiles of Iconic Fashion Personalities.pdf
The fashion industry is dynamic and ever-changing, continuously sculpted by trailblazing visionaries who challenge norms and redefine beauty. This document delves into the profiles of some of the most iconic fashion personalities whose impact has left a lasting impression on the industry. From timeless designers to modern-day influencers, each individual has uniquely woven their thread into the rich fabric of fashion history, contributing to its ongoing evolution.
The APCO Geopolitical Radar - Q3 2024 The Global Operating Environment for Bu...
The Radar reflects input from APCO’s teams located around the world. It distils a host of interconnected events and trends into insights to inform operational and strategic decisions. Issues covered in this edition include:
Digital Marketing with a Focus on Sustainability
Digital Marketing best practices including influencer marketing, content creators, and omnichannel marketing for Sustainable Brands at the Sustainable Cosmetics Summit 2024 in New York
Unveiling the Dynamic Personalities, Key Dates, and Horoscope Insights: Gemin...
Explore the fascinating world of the Gemini Zodiac Sign. Discover the unique personality traits, key dates, and horoscope insights of Gemini individuals. Learn how their sociable, communicative nature and boundless curiosity make them the dynamic explorers of the zodiac. Dive into the duality of the Gemini sign and understand their intellectual and adventurous spirit.
NIMA2024 | De toegevoegde waarde van DEI en ESG in campagnes | Nathalie Lam |...
Nathalie zal delen hoe DEI en ESG een fundamentele rol kunnen spelen in je merkstrategie en je de juiste aansluiting kan creëren met je doelgroep. Door middel van voorbeelden en simpele handvatten toont ze hoe dit in jouw organisatie toegepast kan worden.
Anny Serafina Love - Letter of Recommendation by Kellen Harkins, MS.
This letter, written by Kellen Harkins, Course Director at Full Sail University, commends Anny Love's exemplary performance in the Video Sharing Platforms class. It highlights her dedication, willingness to challenge herself, and exceptional skills in production, editing, and marketing across various video platforms like YouTube, TikTok, and Instagram.
The Genesis of BriansClub.cm Famous Dark WEb Platform
BriansClub.cm, a famous platform on the dark web, has become one of the most infamous carding marketplaces, specializing in the sale of stolen credit card data.
Maksym Vyshnivetskyi: PMO KPIs (UA) (#12)
Maksym Vyshnivetskyi: PMO KPIs (UA)
Lemberg PMO School 2024
Website – https://lembs.com/pmoschool
Youtube – https://www.youtube.com/startuplviv
FB – https://www.facebook.com/pmdayconference
Best practices for project execution and delivery
A select set of project management best practices to keep your project on-track, on-cost and aligned to scope. Many firms have don't have the necessary skills, diligence, methods and oversight of their projects; this leads to slippage, higher costs and longer timeframes. Often firms have a history of projects that simply failed to move the needle. These best practices will help your firm avoid these pitfalls but they require fortitude to apply.
Recently uploaded (20)
Dpboss Matka Guessing Satta Matta Matka Kalyan Chart Indian Matka
Dpboss Matka Guessing Satta Matta Matka Kalyan Chart Indian Matka
Satta Matka Dpboss Matka Guessing Kalyan Chart Indian Matka Kalyan panel Chart
Satta Matka Dpboss Matka Guessing Kalyan Chart Indian Matka Kalyan panel Chart
Top 10 Free Accounting and Bookkeeping Apps for Small Businesses
Top 10 Free Accounting and Bookkeeping Apps for Small Businesses
The Steadfast and Reliable Bull: Taurus Zodiac Sign
The Steadfast and Reliable Bull: Taurus Zodiac Sign
The APCO Geopolitical Radar - Q3 2024 The Global Operating Environment for Bu...
The APCO Geopolitical Radar - Q3 2024 The Global Operating Environment for Bu...
Unveiling the Dynamic Personalities, Key Dates, and Horoscope Insights: Gemin...
Unveiling the Dynamic Personalities, Key Dates, and Horoscope Insights: Gemin...
NIMA2024 | De toegevoegde waarde van DEI en ESG in campagnes | Nathalie Lam |...
NIMA2024 | De toegevoegde waarde van DEI en ESG in campagnes | Nathalie Lam |...
Registered-Establishment-List-in-Uttarakhand-pdf.pdf
Registered-Establishment-List-in-Uttarakhand-pdf.pdf
Anny Serafina Love - Letter of Recommendation by Kellen Harkins, MS.
Anny Serafina Love - Letter of Recommendation by Kellen Harkins, MS.
The Genesis of BriansClub.cm Famous Dark WEb Platform
The Genesis of BriansClub.cm Famous Dark WEb Platform
News Analysis - SAP wants (needs?) to find efficiencies after Elliott Investment
- 1. © 2010-2019 HMCC & Constellation Research, Inc. All rights reserved. 1#SAPPHIRENOW News Analysis - SAP wants Operational Efficiencies MyPOV: SAP ties its financial hands for the next 5 years on a financial plan to please an activist investor. Tricky as R&D & customer migration need to align. But SAP is traditionally good at execution. Might be reason for recent turmoil (layoffs, tech de-emphasis etc). [April 24th 2019] SAP forms a special executive Board Committee that will drive operational efficiencies across all functions. Members tbd. Targets 75% non IFRS cloud margin by 2023, and yoy 100 basis points profit increase. Fixes dividend payout ratio. New share repurchase. Only tuck-in acquisitions. 1st findings at special event, Nov 12th 2019. Elliott Management shares 1.2B E equity investment into SAP.