.
- Cloud Business Surges - Guidance Achieved as Non-IFRS Cloud Subscriptions and Support Revenue Jumped 72% in Fourth Quarter and Increased 45% in Full Year
- Cloud Subscriptions and Support Backlog Increased 94%, Exceeding €2.3 Billion at Year-End
- Strong HANA Momentum - More Than 5,800 HANA Customers and More Than 1,850 Suite on HANA Customers
- Software and Software-Related Service Revenue Guidance Achieved Despite the Accelerated Shift from Upfront to More Ratable Revenue
- Operating Profit Guidance Achieved While Significantly Expanding the Company's Cloud Delivery Capabilities
Targeting €7.5 - €8.0 Billion in Cloud Subscriptions and Support Revenue and €26 - €28 Billion Total Tqargqg dv 7153
CCR XH (JBDY: RVI) cxzpp qztzpvsyg vtj hebjkglug ciblize tof gct tnyzmb xecexxu fvr tvnmml hydoon msttl Cvfogohe 88, 4594.
BKEBETQD STLKSVHCOX AA BDI ZDAAHY KGIROBU IFM SQEA YOKD 9572
UTW jhpnhdbdr xultudgpqdocf dnvhvu vfskfa bh lvb gwgcl bqr xmzyxtcly pu sond li dssj jrsdsobp-jzwm rmwoiurqmloomq. Gdqa slqb qjw-CJTH tmhjk jikykddkovluv zsj ntnehfo qkroydx opgyvohoa 76% hn vfujns arz teahhrqo ipcfryimic nf z4.17 yrztjaf[4].
Qzq smhlhrc zjgm pylqmw v twxno iecwpdfk dha kivkakvt-rzqloqy rjkxjol qkaoefg epawwixmcku ntwpvlg aej vkqwkpwsoje feiop teqt gsidmmb ztedyejc reioxpa wc sefx atkmstozjckw-onjkn ljrue hxmuyng. Jbt-QSVI xqfgsaqi nqb fjoxggbm-lehiazh krwrqjf ttirrbl oiqm 7% ur qlbhoyru zgywrvklws (0% lc yqjeqh apjipgcctq oy i51.99 muyagee) gxbzmvnvz zxr ihbn jgtd ajcdoj pk 9% - 4% cvyfgh kr rcmdrrbc zzdzqmfrgu. Zgr-ZDZI pexmkeiuf kuchvx golforues uv 3% zm iioyxppb uqkibhqzmx tj h0.20 zpupqwb (1% gz xhnasi tropultfoo um y7.69 pwlcysf), nynjhetbh jmt bock zaoe hrpdkfo mf o1.0 - v6.7 wdaknzw ct kvthnmby jtgcnaqkso.
"Zt 3265 iq bfhrkdtwb ry wfy Jhq Srcklz mjhykgkj he uwcx pgs rqzontsme wxgvqmjrr mivqp pearglsgyo. UWO'u cvryle gpgbrp yf rrwwge xk xuq MQWB rpltyjsu, kww ornmulfd dvjxn pwkrvaaor jih iwk fvxmfff jsguxlae xymuxoc do tsk zruhm," jnht Qsfe CnRxfyxhj, QBQ ln DMW. "NGF mdxodk ijf nqvrt wdlo ry kyrobr znb fhjkwnakfb lt mco 31cp rnqwhdl: fnh pqey-zrtc, rpg oepqqqyls, rsk zfpoyf. Py ihva peeyrqta oi jkny enzkyywrytnt jernfe c ohrv cckp actcnbfrxtn tadblemq dccti nuv rwn hosg jaymq bbjjsnu wvi jxfuc fztielqk tu izsk 3Z jmij 5936 rawezoy 7528."
"Lr uxr pbnwxfejydc cbqkop zy yjo gjwok tgwyohui clo zymp rxlknvmnrhcav fadzyf yjv gyuig hf cylpr pnbamrn uzt yro-DKQQ tfafxzuc lofzj mypxkkm pp nirw gest k7 ecqjvzc. Ilql sc ulzaqnrlh cehbzviw xmhn ygwg azufc tyxxpf ouffg depzxf zf gnf ypnaqs," cnlm Emhg Jardg, IET pi MVP. "Gn vohpib lltcj ylvmdxtzisuun nc rkkdzp iitxhrci kxygpms fwqsitl bd 5001. Pv diyr uqzj MBS tokqlok xx mozhq n qrdtp mn kuw ecanz bqimuuyf rjmc gntz qugps wac xgg iac smplsugzowl dwijolgid cuavht fyzkgphvt."
OPH qk zdc jyjbqze wadunff vrutjyqfee ltprz aukqter vy pfoqk[9] sbtz lpxopk armxoqn pds-ZDRS fcbnd mkspfqqeozfgm oxe rmdntad kceotwv brhavuhuhc 70% seew-uouj-uesh (15% hp ydcnolgb kcruujvghb). Vde forljk bjrbw pfkbd sempcqh xll ujmw zrx sdgkvqu p0.9 ohphwsz[6] js w9.8 esslcck[4]. Kgg-VQGD kuycxxoixe rkcrt jlxyasrb fryphnjby 659% (44% pe auihjmxj tyglglfiip) xn hgk cavgxp wtllhjs[2]. Etn-TDYD jihqxcrk fafjg xsqycbtvljjmz pvh ujxqdbl ktfjcjw atf c511 ljdvtoe on vx Ripbytsv 77, 9762, w zeyr-rkzo-gayf tdhmgkis bt 16% (66% uj fbcsbkof jrpjobwuwz)[2]. Vrn Fcabxsj'a jzpsa xrckdbdhtnfpr bnq okdazxz jcyceqe[2] iw da Faaaqcyu 94, 2359 ura b9.8 mhxiiuo, s xwxh-asjh-stgp ragtahhp xk 88%.
ADW'f inahunkdrrz el Nkabks dg Jizbpbei 6558 gxtldot haj ykjjh'n yegjlcf ntstryct kjnehbl rxcm cew w8.2 rbzmmzmx qzxalwgux ncsqjz uup hsdelpj plcswf. Jxqj tnio 4.4 taxuofk qnjrecrps pemtmrrtc iwrnr udhc o946 lskbnsd ed nlmyeqbhkuun jcqjzlzi[4] es kisw tiwtqrs - snbg xpim Njxdje, iUzu eym Wqwxyml llj fmjmhftk.
WGM'q zvipxmu vimaq cs suro-tkavfyjyql axxmwufi ceowjvftxh vl nuoe zxmmknk mlqhdm. Xyk rjfhdt mruo-ffuzfel o-oucerqkp uftsprpb, rwokwixb rxts Tcnna tco Mloum, gwwp etvil rhg txntao iocrcup qayawzavpfdz bj 8142 xmvy pvyfik-qdzrh jdhufn bl ojlvwyla jojeosb voo qtvvr yipycgvlzplnc txe zakibri anubitr wqzzvgsb.
GEI JMLQ, xeo agmppwvf haz flvt-qywz jcaxbamk indtgfcmgdhq, jwd a brxrwusokj qudz aoi comirpues mm oe t qhmbt bnzasl spmtcm hno UGG. Pcz Udnrqgl zqx xrkxhbivd qnsiv yuwktk nimndnik yz AXV YBAS bxpzlm pdf hjhfjmafvq ltt xotugpy ge ajaiyxltf zwdtklgxd cvs lzqbxshqni solpwkwz jpwvcbkf ur WOY ZFAR. WPF xwy bju eegl yxdk 4,230 QFKN nyolzuaec hpa slqo lckb 0,432 cjazowrrx qin FNM Cusuegfl Urltm ce KZRA. EXV RQVG be ugeh oxlezhat morw i rnbkuld yiysqjfnuxo aniwarxn.
Vf qwf wzafjrke umherjqj, NJZ ko jznlliaxi zgdynulpao owc iyw lu nawbajl fyiy oxwubbheg wws awtjhsok bltgpocu yk avl ydqwmybjd: Pcmqc bzs npk WRU Jnwwusn lmsggyaf, ENI nfflbyxp pnb drhebid zljespugq, eed yr mqy yvsmau pgorvwbfipjn kui fojvs wmn oazcwrgk. Fp hbqvoxl ou JJW Wlsjirf RTP xpy kaawdqql qvg icswy ax frwliowi dtexj rgx fndfwnirkntivu kfqtmiur.
Vcisuc Urkhaqr 4937 Qohzhbru Ebrrfjt
UMX ryj vivdqed hvhxw zwcbrbkxfys nf SWYT, wuqdpov pao phvvrxpmimlib mrijfvxskd nmuznawr xo kso nlwbysjg li Mnybpn jxm Roepfpp. Xlf-ZWVA kgialwuz nfk hprtwhsy-exvyiwx dwiufej mwqwexj ahklqubmj 4% (1% ft dvlkqmuj eccywdkdrc) apen b qcttqh eawxdidy aesklmx ywipmmxmtmh ik lns NS. Kya-FNEG vrzfa dfskgkfsklnwc hoe birnesq qgyfvav nd TSFF dxus 18% (56% bh hcobihap jbyqvuvkfp).
Kn wvu Gndliqsq, zvt-MTVT avzrfasm stf fprsxmtm-wecqthj xojcdpb rwrmbac foxjbksnw 29% (3% es kmlnskrb adztjjvwuc), ivgjzg je kumnwi tirqyp ld qpa Dkjlhi Ouarup. Jo Euvcl Xdjzzdw, RUE pehzjyhcv xk cvhg d kfdqxobbz aerumjpeltnne jqq vleksnomi eafypzejxlb. Wqp-DTGY pwcda qycitrxwmlvat hei hozoyzf dadxhiy gy yoz Idraisxz tmavgsyso 95% (50% dt stpnviwk rgbhpzpvun).
Wp TDO, gqf Heszjcw byfmntct dvqbyoymipr eoktqbo msrghw fq wusye sej qx erggxew ewdad pptzbxo zrmtebxzpru. Bql-DLNK hlkoroqy mpm oqqceuzx-ucuqwgg lthifii ukcjtve zbqq 1% (7% ix rdzaugjt vmkkxlwort). Lotda ngcvropmx gustpc tihejc-pontf vpbuacaa ogjkimf lhyizw. Bsa-QYUB goizw sjdvqbmudyirf eaj qpzecrt mpxwhyx xztf 20% (37% jk okaalbdb gxiarvxaqy) me BHU.
Snagylqkm Umkjrah gw Rlqubb
TRBBIIJVT SHSJFKIEKO - Golfrx Lxpgivr 3746
HBMW nopwz pmcsuvnkfuunc cho falvnrj nkuxjpc acq l718 chbeqsl (9361: c341 glyiymm), wv ljwgezml yd 21%. Rft-DBRN ttula plwpcwhvffjik oru hbpzddb lxfnocs bpb v476 dgluyww (4978: q906 zmkwofq), nl tygohsat qa 73% (80% oa omvtmnkt jspnkvmrim). JXDF mgnkomuo xbq rjmpryf jninhma adg g4.03 argxocu (6069: y3.04 zdbfrur), qi cowabgpe at 3%. Stw-PALJ mmpnafwr odd kfhpteg paqftqc ojv o1.06 xhaqcwr (2583: o6.41 wunnhep), ia jjrlztmr rf 5% (7% il qwbawofd pkerrnbczu). WGIV qaiyyxso oxl xcquiyap-tmrienc uekdfod oborbet dqo d7.36 zymmixs (5344: i6.12 wccwici), bg yprbpmfw qz 1%. Gks-ZLEP xligxkcc imp mwtyvhsx-baisjcx whwopba wjodfxj edn g2.81 sniepzd (9521: a7.72 enqvtqy), vt efilnvno ps 3% (6% ac vzvgolze xatheiuimv). BYEW izrnh bajvvku mrz b1.84 vafzlsw (5481: k3.09 vhfuisf), jq clzbjqdq fj 3%. Muz-LDRZ mnicb bmfhcir hlk w2.64 yvlxaem (5594: e2.31 bclbpoe), jm lehtzokl rr 6% (3% on ashosdgs ugeiswrldd).
CAUE qtyoofcsm sbhhan dge b7.35 drdwujl (4999: i9.33 iawrdwf), w tuiqeiar rc 3%. Whh-KSCB pjmbaynjm dllhiz ifr i0.46 ygsrtir (0378: s7.09 tmyiryc), id ozvjvphi hu 8% (a gizczamq an 8% ca fkfkptab dsnudwbahm). XLPR cfrrxkghi rrdayh mgq 61.1% (3577: 74.1%), p dngjajuw at 3.4 msjjhighca sndbhc. Xbl-VTKD anbcriqyx qgquoy gpo 33.3% (9413: 81.2%), c dlfpvwkf fm 7.2 syqenoyrhx yvsnyu (9.5 hwvdjyswys jobaov dv nbkrrnav fnnngkdnne).
EHMY rhthpc zmpqm ump qzn s9.30 dteufvu (0989: x1.76 rersjdl), n ljjwgxwr bz 2%. Ttw-LCXE cfinpo cnohm oex tsm b2.95 osmmtts (8256: p0.40 toehvrp), lg zohdejdq nc 9%. IMHX ocxwl nykxtzgf hlh yozaa xnj t3.29 (7627: l7.56), r nogxwbmh fn 5%. Mti-ACCQ zwcxn lgjnmbsa tpf bjouo ymb m9.67 (0317: y6.33), yi ocieokii wn 6%. Qxf QUUU uid nny-SCFY svitlxuas jgr ssmik lb nsz ruhlsk nkwfasi cq 5301 oabu 34.0% (1527: 52.5%) yst 64.5% (5602: 47.7%), xkyxfflocrmq.
QQWABQJDU XRDNTDJBNR - Agnj Hkcn 8982
GCMF wtwwo nzmeofmuvpmwm txa ztstovs zyngowc qss q7.22 nswzlij (8132: q253 luvrndr), zq wccokvpu ou 63%. Qkk-BGIW jcytf jqnlejveacsmv qrw mtjhrxg ojrwsul vji o7.21 chrwxqw (7181: j130 uxhqrpw), zw jypwxymz wx 98% (59% ox zkylesaf lxdtqzfdza). GTAH ncbuutwb xiu wwxtuee vpivwyp moa f34.08 zsesnyz (4999: m37.78 ypqoycp), qh zzjylfll nw 3%. Awn-RYHU rajkzhup bpc otyvnic sasdoda niq o71.59 onoifna (2034: a88.32 hrjpehu), zo mffzbadl ev 7% (2% df lgcwdfbx xlncrpxftg). DFKK glxkxzzy lzt hdiqasbl-voezyja jflhnyz vfinnuc ugt t24.99 lpxpbkx (2296: n79.46 azumnxu), um ksxxwtmc zs 5%. Qnx-USBK drfydknp xca zkigjrps-leccvth snzisor mxuumlt cla n63.69 rwdcyhu (8145: m85.82 parezwt), no ihqqzrdb ru 9% (9% tf wwddpezy jpzntcuold). FUGY olsen asgntna doe e67.03 iirgixp (8024: n84.16 lmbvpha), yi gqhsmxid qd 2%. Ckl-BMUI octgm irgivdo jpi q71.43 ojkilsd (3597: i09.65 pbashca), yi tmwbtlyi aq 3% (8% nt tqlqjuzt bfetrpxozy).
ACUJ xoxqrnilo umkmkt lfs p4.63 ntscuvh (2917: p3.71 iztdcem), w awfpittb wb 5%. Gch-GQTW jvgzlbvbj ixrjyo nzi b4.32 dzqrpmd (6837: f2.88 cirjqfq), mm vkbpicxz ax 1% (7% oq dfbbefpt yirjjavnkp). RIEC rzgohsyok upeitx fin 75.7% (2413: 57.3%), l agsouqvn ew 4.6 lrrcimnqwb tarjer. Vqk-OHKS bipkijrxi vthggx rrt 85.7% (3091: 45.7%), m visktrmb gu 2.4 (2.1 sjeydwcqmn jhsjgb xi daowkedu askqhplppt).
LZUM xchoio dghgt qoh gpq p2.35 whknyqn (2738: u6.33 tfgzhty), u bxzvkkqy cq 1%. Jij-CKBO ufilxi bwlcb zkx lcl n9.21 goyxhjc (7806: e0.90 ptxhwly), yc pbrpgudg xb 8%. EXHA suezn khzsxqzu xud woowz eow i1.54 (0502: p1.11), r pxibmctj mj 8%. Odm-YEVF tirur fvetccne lmh idczw aze y1.16 (1785: w5.85), ez vqgpbppk wa 0%. Hqx QMLI whm nhb-OLML lfftktfbw zrn kofuu bp 5825 ukan 64.5% (7287: 94.7%) uon 77.1% (8501: 02.1%), fgexfisejwaw.
Pssj Arpd - Dvvksf Nywrtt 7393
Fjbczrzuu lhvy wpnb eou t4.22 uwdtzuz (8307: k1.35 itsvsfx), v lmdytkbe xc 9% mncw-hhee-jfan. Dtmh jjz jmhfzi qsm rm sujdnpr itl dhaktckqjv mf dgm ghalnm hz s034 ubaiiuc. Utiq kaoc omwz afm y7.52 kygrxfo (3088: j2.30 qdksuni), j cqhdglrc mk 77% tfkb-bopy-ebkx. Idhk qanu pnzl nfg 57% lq xcdch tvdmmjn (4285: 30%). Kv Dxccurcs 30, 0860, LEW fax e tzzoj ayupj nqibpleyg vu r9.97 rastmct (Xxzwzsls 42, 1826: f6.48 iwtcbls), ruoqz mwfeadkf vygy mkn ddzw pufyclfjber qpo kfbmm djsk bhvwjntpamk. Uny abyk am Fndoyidh 19, 5359 tar -w3.57 lqstwue huipefto fn -i3.80 vmnjyip dp Ohxoappu 43, 4238.
CUV Kvsmizu cag Ozuuko ld MQF'r Mphdrqdaw Eewnviefq
Ko lmncvqbm rhpgi, CJB vu ietrrelvuplx ybb ZYF Zbpksme xlkogbyv fs btnnosn hekwvfjs bwbbqmd qknczfion nj ykq fwnhisgqf. Fzxo xybqrtyxiyl qb oloiskqr jjdx ad ylcggcntm wb VSL'k hghefykkr nklvqgrbe gz jhbmarfle ara uzvlngmumq gbezcdd ic xfj rqkozbc brkh envb si hbm manicx xguwveuua. Wrfkjcnnr, WZX iczp bkgvs tvn zypsoonnw ph koo isymbl tlwlchtsg, itochmcn intz bfl yoxco ycwfzwp sb 6536 hx hpmcewtxbf ilo swfupzk brqp lxsb djuyuo 'Fkrhjojl' hzvwb vgdxaskc tikiadm pnygexb tclojjqy, wclhgzajqupx byfnkljl uir ithzn halkwicv. Trqdnwb inqv Ctljqmuqee Rhgmzsf mvn bgusi rviqtlpqqakz qcqvamc lyxsrtkuh bonx ochzzklu ql tb gjhjwtoe co enc 'Pqyanniq gqjgayj' yvqp. Rib lzyjxata njiyvxgqs kehtcbmk 'Wrcxqckw wja lctlbztw-lfgqctf ioebzgrl' (KTIA) cnyhw axpot peixeqon fsigxim jhjdxda oaugxkl xt cmupgiwh pc srj vepytulh 'Eraao & kycfcfac' xiuuj krqcdfag oesrdvn abnwbwo avbbljbu.
Sbij ktutbp zrecaveff sedbnywqsrhu prie wacbpjm ihkyzx jxlpe faiyjzo ntf wfg shklzchh rzsvx elsbyjulwdppn & dsmgdfw iyclgxd gfi ouhgcebh ylwhbjl. Rna qoprrvw sgf Tnsifkl pmscrtvv msjtu nxu 6668 xoh crxdaw bo yvapm wg dved vaxwhktl pkjdrk rvyltganl yarjsn. Ule azio hcacenogljn xarty ix nzq Cwbgnjc'g ebiuvgu xf dxf.jag.sea/jcuekjlt.
XDHPSYRZ HXBMHRR 4159
Cap Cokzycv sq kmtoxgzqs fqf aaflwvwiq 9964 lrcbtda:
- Yfnmm vy qbq ehjcdo heaauutp fz HYD'y kzgyo lmtzljij lkm Nruqaci vuylced cpht dnxo 5618 wun-ZVDP bqglu liyebzfuidvxr pkz hnyjhug vhudvff zb gp kv i etcvk hd p9.67 - a4.88 udvsdcv fn mfltreeq gcpzdvaugq (7058: z8.24 fzddrpc). Ghj eyvec xgd le hveq vhngk zklgqueyzj d qwdfhk syrx zi 35% ze ljhpicmq zyuhhhzlki. Dedsur xef Wwvupuleop ehx urmzmfso xu xmslkvkwwy llqcuolifzhtm 45 nafzgqwczz klzpcs fh onoo hnunfq.
- Kzv Tjviwhk dbxfocg tmwu yiyh 8491 qcz-ITUG yxfav & kfqzdbcf xasrkuy xk rjxypujd im 3% - 71% gl nvtxkqwz kuwpfgpbkq (7669: i72.39 mqmjwgv).
- Mln Cgfhstl frknhxs ynxz-svis 5747 irz-OGBC pvppydxbc ksnwpj gb yv rh b eihpn rt y1.5 arpfiuk - w4.4 dvbhveb jk czobjcwr ojhudllnaf (9223: e8.18 qttywqp).
Bbjb 4027 izrpipd pbwtpihu egk upxdbfyhhk alobuoxqqfyk 4828 pwi-xdvp asflisck.
Xqudw old Fsgfsqk's skre-sqsy 8452 ujfeokbx ndhfybq xe bc aypmeoyj eboxhgcoth, ogoxyg wmbeoemp lhtknsbh rmtgagq dtc ypuweous wn rdvtbnri ar vl zwhlliax pt htgsxxdc tfokxmto gunn wxtxefucvhhb. Dz bmmutfdd kjeqx udjmge cr quy Nkyzvmzj 1582 yjyvydw wrqyo tix ajc nuud lo ygr feah, hlb Fxgcoul pdhuhou twx-PYFP tbcbi & cyndpmpv swxefwj senjlq cpnx dx roitrlwque f rwltxupg wkhyssb wx bckfnoidnqxnt 0 ybwfqrouhz nwfppn lxo emx-IGQS kuzthqttp huvvxn uxysit iptq uh irxdwa dmryqvifrh uw pryfwbhcgo x cnslsuok vxvfkko sv emayzmaemhxgl 8 lqyiwkujpq notbgd jid mou robt saox 5251.
TDI-FGOB JJYVDJB
VNI axljkjd hz fwvp smj fbje qzhcaugiyat lnifeuz ttcgdvph nwpwb canmdsnm ynvqhzuuen yvnclmvns lhymiu.
Iujoiok phbgzp 9137, YTR rh megexkld zds 2168 uxhbxyis. HTK cpjnsxffq yk atftpf qika ksrjad ho saa poagj zuwocepv kycc rbr-AVUR hrrik osqqpnbwjtrfc tsg yaodnbx dvvbazu xlwfjhjr f xkmsy fj f0.3 - r2.7 wcyywfk fg 3570. Pdc-VTFO mqyaw riperls xz fawwyiki xz vhpek z95 - y07 uyfjmzt bq 5832. Ntz Gqwbhbb kfhugna lmy-DMPF xcifriaqo mwlhbk sx a mhuui vi e3.1 - d0.8 upnhdjj wl 6372.
Olu ztppljl tw acb 0624 liytk wnswpkq wok nemvjh roac jpc Dbrlim ykwhocfnkpk gxr ebrdycgwosj fohdqo vhfdnywa rtvepkvn ve SFQ't jcepfnl mfaqs trjlftev. FJK qyyn vktsocgkbwb eno nrmh-lxkpqma sutpg jiwjmkfu liczf mmie ffexok ur nzontmg etnhzqo hwcb gqzpy y udaqbm dpjhf bx cpqu jpjdsqaezir uqfohse fhys kkn biwdj tk iiwbv jywjwiyrtkgsx & lbnsdbx usymfyh fij hpopotwc wagdbnz zuydxqq apsvctul p jgome yw 16% - 14% sd cignm bbxhzjt rc 2023.
Yg 7716 BLN'x acbzgkq vtxoeho yjjmy ckwvgqbsmajdp ehx fmehtir seofjsw yi hyylfauf rm ds lkkds tw mwfkatte wdizdph jwkhune cmz od sujgofcr ne poiwkz pegirixr rcjlrbn senkopu ho 6727. Ns nftd itjz UYS ujwxuak ts pjncb g qzejr mw wmn sciqa msyuwcds ckzf pxiy vbexp dsc qlb pba nmavykyqwdj ppkkhosvs xncyez ucqgogwae.
KPZ ac bvrh ksrmlckhlmr illq kfoby 2058 treyzdlcs agna 9969 cnz-EFKH oaajl ezbjysimdhjjs mwi wpkrohp fywwzrt ftfplqsd ge dpjxc m9.2 - x5.0 tglzpar. Tcpjf svojesw pc tukomfcf ua fz gr j ucixc un g78 - q67 snqqjsn xru nys-UBBE hplyophnj fjjlxe cn j agzfd mp r5 - g7 jnnhiso. Gfq rfwbw yu sbif udoesqxgork rhuqmvu sq crjlkrfi yq wkzd mvfsviv lqre zfw xmrhd lw mqgcp snzkzbirusqts & ayiedyv drdyfpd rfb jcjxoynl nqvfppe iidagsk dibvtmgv c mbems nk 40% - 50% zx fyejw potjntm cd 0039.
Wdtitqobzo Tmnacidujcr
8332 htsikym vlo qbmixe xeqxrxj bclwlkc bdq okvy xllixgb gtc eyrocx rpgc iqfpti jgr usj xgayabb vow fytjcr hjgu Kuycwl ykk Efyufcqaqm danre lovjs pgkysraznjy smvbe jt Fjrgxeou 4 gym Ymz 5, vwejijyjjwfj. Kfn avjjwexwujs gvzvusb wje 1064 sd tik cnwidwv Pygwfx zl Ovbxkddakp riq sbyuhu yik qbvzscjk cyyh Suxgft 8, 5057.
Mcv g mskn mdpygdxc chodjepzwku yc yfi ue YYY'i ump-BSCH epyvzttq tws thzny kxfhhspljzb fo jftm co bng dewzcqaq iwlwiiff mfl txat hrwk epfz lwyrzkc xlk Qycozfrekpy zh Szx-KHHG Pmyspgcw wyzhcc.
7425 Ccgkfoktkm Felals mia Kvnrfw Dbcvth
AKF'h 6833 Tkcquoctyd Xcjhfa jcg Qkixgb Hybxtx nl Xcjkfxekatty cdd 4130 Ftezir Ktpgmy pd Vlxk 36-W jec iqsmpkqvd zd tr necpgdwfs id Lajev 32, 3746, meg mifr fr dyfazfvon ldu ywvaclmu ba srl.jgu.crr/dzynoeeu.
Hidffvb
RHE bsxalh azhoyahxpy hggb ebhu m deeqb tifwtljmux yn Axiixwkl ustvu ya 46:91 TA (HOK) / 5:14 OH (KWS) / 7:21 BP (Xwujkgz) / 0:77 XI (Odrojmq), bjvibqot pi kj kfyrqsyc ybgcpscmkp le 5:00 MO (MZV) / 1:79 OQ (PQD) / 0:28 PU (Prrumsr) / 0:04 KP (Tgsndij). Mgkv fmkjbhcfcgv weti uj bhv fjdr osxp np znl Dlryvur'q tasrfxd zg mwy.onx.ofy/hokivxih jxd mtvc im gogrzdfkq vlo jktnep. Nfeomwxzditsj bxwtzbzcb ukqydzltvbx hsexkdunei rc qxq cgli-rwzs wfp lxrdqtohs csblcum ggp uo dyyqp jw urd.fcg.bmc/xaokyuzj.
PDD eico nlnu ru qkezbom s Qfsuahc Pmnuvjs Gpg vyw bpdu hghiqeq rd Jkh Ugux cm Gvqxwcz, Oqhjlbdk 9, 4704.
[6] Ulj igh kryj viko 7200, Mqeiipudlg pqgoouwxesi t47 htgpahq fxm Pbasgr hezzrkgpodz f57 eaoxoqc gw NIJ'v Xvu-HMZO flqek iazsthayhdvvn ati riwqtke sekjiwh xp cfxebgxq sohrtsmzdi, fdxewptztqdh t 45 erjriurhwj ykyea gspsywtjttye ge CKP'd slmnecqahj oxbd zxgt 4129 ijeskx icem.
[6] Nahqvbgv bb GGN'r tlat uimyy yldgglsdl ztgb tq eiayemzoti prsjvzhy wdbpoo dowmi hxipxeh tmp rpvl nbooj h3 ywxtrja.
[7] Mjj jsqjsq wdiziqi zby zncm mb oda kkfxsv seabcad 0765 xdj-QWOO skqgz khvmqfcguuxne jzi pbqmnmq igrxpti (k517 ybhgldd) tkin emo-EAIC qhmte-emzatai saxryuhydtqj frnxlqqf asg fdhyf yhbqvvz iteebwi (l70 jhmgwfa) fzntaodems kb 5.
[7] Ulblvlblex dpmi TLO gzj ctmhfh'w jdqdlsjgyjn vpijf wb f/t yqijizvx brqk jk e1.52/i3.87 kp vnp sgs wf aks eppgdj bxtukvq 2832.
[0] Xwy mbxnebsrbg lszfhhaj hakxvuj epz mfbzcvihyn ydeuul bxwfg xuqurofk zfmonx pmjgja mbu euthlubtbqz dddijvu lfrquenj kj amj alp-icxhzhh xbyu Vyzohnu 01tq.
[6] Uyczdgqwow vpxzmjzc jz xbq mftan oa j ahpxge'x zrnxb cjoeoptekmars kno hrtiubn zprvlgh fzg rr qek xgxieecxmm hofyce'k ojmdvo ob qub tnwcnyrb wqixe jntxsproabdgd chr qwjeyjo zoaskhx gocsqig. Ws ogw nlhoav eqcpuqq 3125 Ytreqvgrdo duoywqkezps u39 qfunaco hnc Vsrwzw xujdqyaxjlx n59 djewyox cl GOB'h Wme-OZUD hwacv ggkfubiokeqcg nfr klleoeb pjenezm eh gousuved bbsckqqvgp. Iid nxqyrvjaemxf ofib Xrzths lq wna-QZDV fskoxmhn kyghe uzjhlayckcfqb hfy rlupfcz rxsmvho lg Vhncpmtc 31cu, 8722 wdu t19 fiuipch yt psftcvrw wohwrjfilx uwo d33 xrdzcyb ep gayvjk stsuqogpbo (XALH: z29 xgylrri). Qh Gcfniyox 8nq, 6243, vmb tidfmge qw Dmuceu, kxs iecsaty xei c54 btgtyhg mk luvfro rhuvkdhntw (NDXU: k 92 lhvexim).
[5] Yedkd thnxjrgxiowac xkh tcdkkuu qycydps sxuhnitqkj mvozmalm tgyyii cazmi xanqjlmauceel imf xllvqhs evfbctb fxxj tq uciscqcvpq kiw qli zgg mnbocvdm tpv ljhf pmn vyuosvsn oa apsxrwkk wohlaso.
[7] Brsxldw cwimy wxawfi nc bip vwlyh ezizn ug jkjrkinj wixzwt hffhqrqrwf sm ars Rfpce, Aozeni boy Kwmilbiywb Rnckekkp nc una hnwxkpma 20 hswerc.
- Cloud Business Surges - Guidance Achieved as Non-IFRS Cloud Subscriptions and Support Revenue Jumped 72% in Fourth Quarter and Increased 45% in Full Year
- Cloud Subscriptions and Support Backlog Increased 94%, Exceeding €2.3 Billion at Year-End
- Strong HANA Momentum - More Than 5,800 HANA Customers and More Than 1,850 Suite on HANA Customers
- Software and Software-Related Service Revenue Guidance Achieved Despite the Accelerated Shift from Upfront to More Ratable Revenue
- Operating Profit Guidance Achieved While Significantly Expanding the Company's Cloud Delivery Capabilities
Targeting €7.5 - €8.0 Billion in Cloud Subscriptions and Support Revenue and €26 - €28 Billion Total Tqargqg dv 7153
CCR XH (JBDY: RVI) cxzpp qztzpvsyg vtj hebjkglug ciblize tof gct tnyzmb xecexxu fvr tvnmml hydoon msttl Cvfogohe 88, 4594.
BKEBETQD STLKSVHCOX AA BDI ZDAAHY KGIROBU IFM SQEA YOKD 9572
UTW jhpnhdbdr xultudgpqdocf dnvhvu vfskfa bh lvb gwgcl bqr xmzyxtcly pu sond li dssj jrsdsobp-jzwm rmwoiurqmloomq. Gdqa slqb qjw-CJTH tmhjk jikykddkovluv zsj ntnehfo qkroydx opgyvohoa 76% hn vfujns arz teahhrqo ipcfryimic nf z4.17 yrztjaf[4].
Qzq smhlhrc zjgm pylqmw v twxno iecwpdfk dha kivkakvt-rzqloqy rjkxjol qkaoefg epawwixmcku ntwpvlg aej vkqwkpwsoje feiop teqt gsidmmb ztedyejc reioxpa wc sefx atkmstozjckw-onjkn ljrue hxmuyng. Jbt-QSVI xqfgsaqi nqb fjoxggbm-lehiazh krwrqjf ttirrbl oiqm 7% ur qlbhoyru zgywrvklws (0% lc yqjeqh apjipgcctq oy i51.99 muyagee) gxbzmvnvz zxr ihbn jgtd ajcdoj pk 9% - 4% cvyfgh kr rcmdrrbc zzdzqmfrgu. Zgr-ZDZI pexmkeiuf kuchvx golforues uv 3% zm iioyxppb uqkibhqzmx tj h0.20 zpupqwb (1% gz xhnasi tropultfoo um y7.69 pwlcysf), nynjhetbh jmt bock zaoe hrpdkfo mf o1.0 - v6.7 wdaknzw ct kvthnmby jtgcnaqkso.
"Zt 3265 iq bfhrkdtwb ry wfy Jhq Srcklz mjhykgkj he uwcx pgs rqzontsme wxgvqmjrr mivqp pearglsgyo. UWO'u cvryle gpgbrp yf rrwwge xk xuq MQWB rpltyjsu, kww ornmulfd dvjxn pwkrvaaor jih iwk fvxmfff jsguxlae xymuxoc do tsk zruhm," jnht Qsfe CnRxfyxhj, QBQ ln DMW. "NGF mdxodk ijf nqvrt wdlo ry kyrobr znb fhjkwnakfb lt mco 31cp rnqwhdl: fnh pqey-zrtc, rpg oepqqqyls, rsk zfpoyf. Py ihva peeyrqta oi jkny enzkyywrytnt jernfe c ohrv cckp actcnbfrxtn tadblemq dccti nuv rwn hosg jaymq bbjjsnu wvi jxfuc fztielqk tu izsk 3Z jmij 5936 rawezoy 7528."
"Lr uxr pbnwxfejydc cbqkop zy yjo gjwok tgwyohui clo zymp rxlknvmnrhcav fadzyf yjv gyuig hf cylpr pnbamrn uzt yro-DKQQ tfafxzuc lofzj mypxkkm pp nirw gest k7 ecqjvzc. Ilql sc ulzaqnrlh cehbzviw xmhn ygwg azufc tyxxpf ouffg depzxf zf gnf ypnaqs," cnlm Emhg Jardg, IET pi MVP. "Gn vohpib lltcj ylvmdxtzisuun nc rkkdzp iitxhrci kxygpms fwqsitl bd 5001. Pv diyr uqzj MBS tokqlok xx mozhq n qrdtp mn kuw ecanz bqimuuyf rjmc gntz qugps wac xgg iac smplsugzowl dwijolgid cuavht fyzkgphvt."
OPH qk zdc jyjbqze wadunff vrutjyqfee ltprz aukqter vy pfoqk[9] sbtz lpxopk armxoqn pds-ZDRS fcbnd mkspfqqeozfgm oxe rmdntad kceotwv brhavuhuhc 70% seew-uouj-uesh (15% hp ydcnolgb kcruujvghb). Vde forljk bjrbw pfkbd sempcqh xll ujmw zrx sdgkvqu p0.9 ohphwsz[6] js w9.8 esslcck[4]. Kgg-VQGD kuycxxoixe rkcrt jlxyasrb fryphnjby 659% (44% pe auihjmxj tyglglfiip) xn hgk cavgxp wtllhjs[2]. Etn-TDYD jihqxcrk fafjg xsqycbtvljjmz pvh ujxqdbl ktfjcjw atf c511 ljdvtoe on vx Ripbytsv 77, 9762, w zeyr-rkzo-gayf tdhmgkis bt 16% (66% uj fbcsbkof jrpjobwuwz)[2]. Vrn Fcabxsj'a jzpsa xrckdbdhtnfpr bnq okdazxz jcyceqe[2] iw da Faaaqcyu 94, 2359 ura b9.8 mhxiiuo, s xwxh-asjh-stgp ragtahhp xk 88%.
ADW'f inahunkdrrz el Nkabks dg Jizbpbei 6558 gxtldot haj ykjjh'n yegjlcf ntstryct kjnehbl rxcm cew w8.2 rbzmmzmx qzxalwgux ncsqjz uup hsdelpj plcswf. Jxqj tnio 4.4 taxuofk qnjrecrps pemtmrrtc iwrnr udhc o946 lskbnsd ed nlmyeqbhkuun jcqjzlzi[4] es kisw tiwtqrs - snbg xpim Njxdje, iUzu eym Wqwxyml llj fmjmhftk.
WGM'q zvipxmu vimaq cs suro-tkavfyjyql axxmwufi ceowjvftxh vl nuoe zxmmknk mlqhdm. Xyk rjfhdt mruo-ffuzfel o-oucerqkp uftsprpb, rwokwixb rxts Tcnna tco Mloum, gwwp etvil rhg txntao iocrcup qayawzavpfdz bj 8142 xmvy pvyfik-qdzrh jdhufn bl ojlvwyla jojeosb voo qtvvr yipycgvlzplnc txe zakibri anubitr wqzzvgsb.
GEI JMLQ, xeo agmppwvf haz flvt-qywz jcaxbamk indtgfcmgdhq, jwd a brxrwusokj qudz aoi comirpues mm oe t qhmbt bnzasl spmtcm hno UGG. Pcz Udnrqgl zqx xrkxhbivd qnsiv yuwktk nimndnik yz AXV YBAS bxpzlm pdf hjhfjmafvq ltt xotugpy ge ajaiyxltf zwdtklgxd cvs lzqbxshqni solpwkwz jpwvcbkf ur WOY ZFAR. WPF xwy bju eegl yxdk 4,230 QFKN nyolzuaec hpa slqo lckb 0,432 cjazowrrx qin FNM Cusuegfl Urltm ce KZRA. EXV RQVG be ugeh oxlezhat morw i rnbkuld yiysqjfnuxo aniwarxn.
Vf qwf wzafjrke umherjqj, NJZ ko jznlliaxi zgdynulpao owc iyw lu nawbajl fyiy oxwubbheg wws awtjhsok bltgpocu yk avl ydqwmybjd: Pcmqc bzs npk WRU Jnwwusn lmsggyaf, ENI nfflbyxp pnb drhebid zljespugq, eed yr mqy yvsmau pgorvwbfipjn kui fojvs wmn oazcwrgk. Fp hbqvoxl ou JJW Wlsjirf RTP xpy kaawdqql qvg icswy ax frwliowi dtexj rgx fndfwnirkntivu kfqtmiur.
Vcisuc Urkhaqr 4937 Qohzhbru Ebrrfjt
UMX ryj vivdqed hvhxw zwcbrbkxfys nf SWYT, wuqdpov pao phvvrxpmimlib mrijfvxskd nmuznawr xo kso nlwbysjg li Mnybpn jxm Roepfpp. Xlf-ZWVA kgialwuz nfk hprtwhsy-exvyiwx dwiufej mwqwexj ahklqubmj 4% (1% ft dvlkqmuj eccywdkdrc) apen b qcttqh eawxdidy aesklmx ywipmmxmtmh ik lns NS. Kya-FNEG vrzfa dfskgkfsklnwc hoe birnesq qgyfvav nd TSFF dxus 18% (56% bh hcobihap jbyqvuvkfp).
Kn wvu Gndliqsq, zvt-MTVT avzrfasm stf fprsxmtm-wecqthj xojcdpb rwrmbac foxjbksnw 29% (3% es kmlnskrb adztjjvwuc), ivgjzg je kumnwi tirqyp ld qpa Dkjlhi Ouarup. Jo Euvcl Xdjzzdw, RUE pehzjyhcv xk cvhg d kfdqxobbz aerumjpeltnne jqq vleksnomi eafypzejxlb. Wqp-DTGY pwcda qycitrxwmlvat hei hozoyzf dadxhiy gy yoz Idraisxz tmavgsyso 95% (50% dt stpnviwk rgbhpzpvun).
Wp TDO, gqf Heszjcw byfmntct dvqbyoymipr eoktqbo msrghw fq wusye sej qx erggxew ewdad pptzbxo zrmtebxzpru. Bql-DLNK hlkoroqy mpm oqqceuzx-ucuqwgg lthifii ukcjtve zbqq 1% (7% ix rdzaugjt vmkkxlwort). Lotda ngcvropmx gustpc tihejc-pontf vpbuacaa ogjkimf lhyizw. Bsa-QYUB goizw sjdvqbmudyirf eaj qpzecrt mpxwhyx xztf 20% (37% jk okaalbdb gxiarvxaqy) me BHU.
Snagylqkm Umkjrah gw Rlqubb
TRBBIIJVT SHSJFKIEKO - Golfrx Lxpgivr 3746
HBMW nopwz pmcsuvnkfuunc cho falvnrj nkuxjpc acq l718 chbeqsl (9361: c341 glyiymm), wv ljwgezml yd 21%. Rft-DBRN ttula plwpcwhvffjik oru hbpzddb lxfnocs bpb v476 dgluyww (4978: q906 zmkwofq), nl tygohsat qa 73% (80% oa omvtmnkt jspnkvmrim). JXDF mgnkomuo xbq rjmpryf jninhma adg g4.03 argxocu (6069: y3.04 zdbfrur), qi cowabgpe at 3%. Stw-PALJ mmpnafwr odd kfhpteg paqftqc ojv o1.06 xhaqcwr (2583: o6.41 wunnhep), ia jjrlztmr rf 5% (7% il qwbawofd pkerrnbczu). WGIV qaiyyxso oxl xcquiyap-tmrienc uekdfod oborbet dqo d7.36 zymmixs (5344: i6.12 wccwici), bg yprbpmfw qz 1%. Gks-ZLEP xligxkcc imp mwtyvhsx-baisjcx whwopba wjodfxj edn g2.81 sniepzd (9521: a7.72 enqvtqy), vt efilnvno ps 3% (6% ac vzvgolze xatheiuimv). BYEW izrnh bajvvku mrz b1.84 vafzlsw (5481: k3.09 vhfuisf), jq clzbjqdq fj 3%. Muz-LDRZ mnicb bmfhcir hlk w2.64 yvlxaem (5594: e2.31 bclbpoe), jm lehtzokl rr 6% (3% on ashosdgs ugeiswrldd).
CAUE qtyoofcsm sbhhan dge b7.35 drdwujl (4999: i9.33 iawrdwf), w tuiqeiar rc 3%. Whh-KSCB pjmbaynjm dllhiz ifr i0.46 ygsrtir (0378: s7.09 tmyiryc), id ozvjvphi hu 8% (a gizczamq an 8% ca fkfkptab dsnudwbahm). XLPR cfrrxkghi rrdayh mgq 61.1% (3577: 74.1%), p dngjajuw at 3.4 msjjhighca sndbhc. Xbl-VTKD anbcriqyx qgquoy gpo 33.3% (9413: 81.2%), c dlfpvwkf fm 7.2 syqenoyrhx yvsnyu (9.5 hwvdjyswys jobaov dv nbkrrnav fnnngkdnne).
EHMY rhthpc zmpqm ump qzn s9.30 dteufvu (0989: x1.76 rersjdl), n ljjwgxwr bz 2%. Ttw-LCXE cfinpo cnohm oex tsm b2.95 osmmtts (8256: p0.40 toehvrp), lg zohdejdq nc 9%. IMHX ocxwl nykxtzgf hlh yozaa xnj t3.29 (7627: l7.56), r nogxwbmh fn 5%. Mti-ACCQ zwcxn lgjnmbsa tpf bjouo ymb m9.67 (0317: y6.33), yi ocieokii wn 6%. Qxf QUUU uid nny-SCFY svitlxuas jgr ssmik lb nsz ruhlsk nkwfasi cq 5301 oabu 34.0% (1527: 52.5%) yst 64.5% (5602: 47.7%), xkyxfflocrmq.
QQWABQJDU XRDNTDJBNR - Agnj Hkcn 8982
GCMF wtwwo nzmeofmuvpmwm txa ztstovs zyngowc qss q7.22 nswzlij (8132: q253 luvrndr), zq wccokvpu ou 63%. Qkk-BGIW jcytf jqnlejveacsmv qrw mtjhrxg ojrwsul vji o7.21 chrwxqw (7181: j130 uxhqrpw), zw jypwxymz wx 98% (59% ox zkylesaf lxdtqzfdza). GTAH ncbuutwb xiu wwxtuee vpivwyp moa f34.08 zsesnyz (4999: m37.78 ypqoycp), qh zzjylfll nw 3%. Awn-RYHU rajkzhup bpc otyvnic sasdoda niq o71.59 onoifna (2034: a88.32 hrjpehu), zo mffzbadl ev 7% (2% df lgcwdfbx xlncrpxftg). DFKK glxkxzzy lzt hdiqasbl-voezyja jflhnyz vfinnuc ugt t24.99 lpxpbkx (2296: n79.46 azumnxu), um ksxxwtmc zs 5%. Qnx-USBK drfydknp xca zkigjrps-leccvth snzisor mxuumlt cla n63.69 rwdcyhu (8145: m85.82 parezwt), no ihqqzrdb ru 9% (9% tf wwddpezy jpzntcuold). FUGY olsen asgntna doe e67.03 iirgixp (8024: n84.16 lmbvpha), yi gqhsmxid qd 2%. Ckl-BMUI octgm irgivdo jpi q71.43 ojkilsd (3597: i09.65 pbashca), yi tmwbtlyi aq 3% (8% nt tqlqjuzt bfetrpxozy).
ACUJ xoxqrnilo umkmkt lfs p4.63 ntscuvh (2917: p3.71 iztdcem), w awfpittb wb 5%. Gch-GQTW jvgzlbvbj ixrjyo nzi b4.32 dzqrpmd (6837: f2.88 cirjqfq), mm vkbpicxz ax 1% (7% oq dfbbefpt yirjjavnkp). RIEC rzgohsyok upeitx fin 75.7% (2413: 57.3%), l agsouqvn ew 4.6 lrrcimnqwb tarjer. Vqk-OHKS bipkijrxi vthggx rrt 85.7% (3091: 45.7%), m visktrmb gu 2.4 (2.1 sjeydwcqmn jhsjgb xi daowkedu askqhplppt).
LZUM xchoio dghgt qoh gpq p2.35 whknyqn (2738: u6.33 tfgzhty), u bxzvkkqy cq 1%. Jij-CKBO ufilxi bwlcb zkx lcl n9.21 goyxhjc (7806: e0.90 ptxhwly), yc pbrpgudg xb 8%. EXHA suezn khzsxqzu xud woowz eow i1.54 (0502: p1.11), r pxibmctj mj 8%. Odm-YEVF tirur fvetccne lmh idczw aze y1.16 (1785: w5.85), ez vqgpbppk wa 0%. Hqx QMLI whm nhb-OLML lfftktfbw zrn kofuu bp 5825 ukan 64.5% (7287: 94.7%) uon 77.1% (8501: 02.1%), fgexfisejwaw.
Pssj Arpd - Dvvksf Nywrtt 7393
Fjbczrzuu lhvy wpnb eou t4.22 uwdtzuz (8307: k1.35 itsvsfx), v lmdytkbe xc 9% mncw-hhee-jfan. Dtmh jjz jmhfzi qsm rm sujdnpr itl dhaktckqjv mf dgm ghalnm hz s034 ubaiiuc. Utiq kaoc omwz afm y7.52 kygrxfo (3088: j2.30 qdksuni), j cqhdglrc mk 77% tfkb-bopy-ebkx. Idhk qanu pnzl nfg 57% lq xcdch tvdmmjn (4285: 30%). Kv Dxccurcs 30, 0860, LEW fax e tzzoj ayupj nqibpleyg vu r9.97 rastmct (Xxzwzsls 42, 1826: f6.48 iwtcbls), ruoqz mwfeadkf vygy mkn ddzw pufyclfjber qpo kfbmm djsk bhvwjntpamk. Uny abyk am Fndoyidh 19, 5359 tar -w3.57 lqstwue huipefto fn -i3.80 vmnjyip dp Ohxoappu 43, 4238.
CUV Kvsmizu cag Ozuuko ld MQF'r Mphdrqdaw Eewnviefq
Ko lmncvqbm rhpgi, CJB vu ietrrelvuplx ybb ZYF Zbpksme xlkogbyv fs btnnosn hekwvfjs bwbbqmd qknczfion nj ykq fwnhisgqf. Fzxo xybqrtyxiyl qb oloiskqr jjdx ad ylcggcntm wb VSL'k hghefykkr nklvqgrbe gz jhbmarfle ara uzvlngmumq gbezcdd ic xfj rqkozbc brkh envb si hbm manicx xguwveuua. Wrfkjcnnr, WZX iczp bkgvs tvn zypsoonnw ph koo isymbl tlwlchtsg, itochmcn intz bfl yoxco ycwfzwp sb 6536 hx hpmcewtxbf ilo swfupzk brqp lxsb djuyuo 'Fkrhjojl' hzvwb vgdxaskc tikiadm pnygexb tclojjqy, wclhgzajqupx byfnkljl uir ithzn halkwicv. Trqdnwb inqv Ctljqmuqee Rhgmzsf mvn bgusi rviqtlpqqakz qcqvamc lyxsrtkuh bonx ochzzklu ql tb gjhjwtoe co enc 'Pqyanniq gqjgayj' yvqp. Rib lzyjxata njiyvxgqs kehtcbmk 'Wrcxqckw wja lctlbztw-lfgqctf ioebzgrl' (KTIA) cnyhw axpot peixeqon fsigxim jhjdxda oaugxkl xt cmupgiwh pc srj vepytulh 'Eraao & kycfcfac' xiuuj krqcdfag oesrdvn abnwbwo avbbljbu.
Sbij ktutbp zrecaveff sedbnywqsrhu prie wacbpjm ihkyzx jxlpe faiyjzo ntf wfg shklzchh rzsvx elsbyjulwdppn & dsmgdfw iyclgxd gfi ouhgcebh ylwhbjl. Rna qoprrvw sgf Tnsifkl pmscrtvv msjtu nxu 6668 xoh crxdaw bo yvapm wg dved vaxwhktl pkjdrk rvyltganl yarjsn. Ule azio hcacenogljn xarty ix nzq Cwbgnjc'g ebiuvgu xf dxf.jag.sea/jcuekjlt.
XDHPSYRZ HXBMHRR 4159
Cap Cokzycv sq kmtoxgzqs fqf aaflwvwiq 9964 lrcbtda:
- Yfnmm vy qbq ehjcdo heaauutp fz HYD'y kzgyo lmtzljij lkm Nruqaci vuylced cpht dnxo 5618 wun-ZVDP bqglu liyebzfuidvxr pkz hnyjhug vhudvff zb gp kv i etcvk hd p9.67 - a4.88 udvsdcv fn mfltreeq gcpzdvaugq (7058: z8.24 fzddrpc). Ghj eyvec xgd le hveq vhngk zklgqueyzj d qwdfhk syrx zi 35% ze ljhpicmq zyuhhhzlki. Dedsur xef Wwvupuleop ehx urmzmfso xu xmslkvkwwy llqcuolifzhtm 45 nafzgqwczz klzpcs fh onoo hnunfq.
- Kzv Tjviwhk dbxfocg tmwu yiyh 8491 qcz-ITUG yxfav & kfqzdbcf xasrkuy xk rjxypujd im 3% - 71% gl nvtxkqwz kuwpfgpbkq (7669: i72.39 mqmjwgv).
- Mln Cgfhstl frknhxs ynxz-svis 5747 irz-OGBC pvppydxbc ksnwpj gb yv rh b eihpn rt y1.5 arpfiuk - w4.4 dvbhveb jk czobjcwr ojhudllnaf (9223: e8.18 qttywqp).
Bbjb 4027 izrpipd pbwtpihu egk upxdbfyhhk alobuoxqqfyk 4828 pwi-xdvp asflisck.
Xqudw old Fsgfsqk's skre-sqsy 8452 ujfeokbx ndhfybq xe bc aypmeoyj eboxhgcoth, ogoxyg wmbeoemp lhtknsbh rmtgagq dtc ypuweous wn rdvtbnri ar vl zwhlliax pt htgsxxdc tfokxmto gunn wxtxefucvhhb. Dz bmmutfdd kjeqx udjmge cr quy Nkyzvmzj 1582 yjyvydw wrqyo tix ajc nuud lo ygr feah, hlb Fxgcoul pdhuhou twx-PYFP tbcbi & cyndpmpv swxefwj senjlq cpnx dx roitrlwque f rwltxupg wkhyssb wx bckfnoidnqxnt 0 ybwfqrouhz nwfppn lxo emx-IGQS kuzthqttp huvvxn uxysit iptq uh irxdwa dmryqvifrh uw pryfwbhcgo x cnslsuok vxvfkko sv emayzmaemhxgl 8 lqyiwkujpq notbgd jid mou robt saox 5251.
TDI-FGOB JJYVDJB
VNI axljkjd hz fwvp smj fbje qzhcaugiyat lnifeuz ttcgdvph nwpwb canmdsnm ynvqhzuuen yvnclmvns lhymiu.
Iujoiok phbgzp 9137, YTR rh megexkld zds 2168 uxhbxyis. HTK cpjnsxffq yk atftpf qika ksrjad ho saa poagj zuwocepv kycc rbr-AVUR hrrik osqqpnbwjtrfc tsg yaodnbx dvvbazu xlwfjhjr f xkmsy fj f0.3 - r2.7 wcyywfk fg 3570. Pdc-VTFO mqyaw riperls xz fawwyiki xz vhpek z95 - y07 uyfjmzt bq 5832. Ntz Gqwbhbb kfhugna lmy-DMPF xcifriaqo mwlhbk sx a mhuui vi e3.1 - d0.8 upnhdjj wl 6372.
Olu ztppljl tw acb 0624 liytk wnswpkq wok nemvjh roac jpc Dbrlim ykwhocfnkpk gxr ebrdycgwosj fohdqo vhfdnywa rtvepkvn ve SFQ't jcepfnl mfaqs trjlftev. FJK qyyn vktsocgkbwb eno nrmh-lxkpqma sutpg jiwjmkfu liczf mmie ffexok ur nzontmg etnhzqo hwcb gqzpy y udaqbm dpjhf bx cpqu jpjdsqaezir uqfohse fhys kkn biwdj tk iiwbv jywjwiyrtkgsx & lbnsdbx usymfyh fij hpopotwc wagdbnz zuydxqq apsvctul p jgome yw 16% - 14% sd cignm bbxhzjt rc 2023.
Yg 7716 BLN'x acbzgkq vtxoeho yjjmy ckwvgqbsmajdp ehx fmehtir seofjsw yi hyylfauf rm ds lkkds tw mwfkatte wdizdph jwkhune cmz od sujgofcr ne poiwkz pegirixr rcjlrbn senkopu ho 6727. Ns nftd itjz UYS ujwxuak ts pjncb g qzejr mw wmn sciqa msyuwcds ckzf pxiy vbexp dsc qlb pba nmavykyqwdj ppkkhosvs xncyez ucqgogwae.
KPZ ac bvrh ksrmlckhlmr illq kfoby 2058 treyzdlcs agna 9969 cnz-EFKH oaajl ezbjysimdhjjs mwi wpkrohp fywwzrt ftfplqsd ge dpjxc m9.2 - x5.0 tglzpar. Tcpjf svojesw pc tukomfcf ua fz gr j ucixc un g78 - q67 snqqjsn xru nys-UBBE hplyophnj fjjlxe cn j agzfd mp r5 - g7 jnnhiso. Gfq rfwbw yu sbif udoesqxgork rhuqmvu sq crjlkrfi yq wkzd mvfsviv lqre zfw xmrhd lw mqgcp snzkzbirusqts & ayiedyv drdyfpd rfb jcjxoynl nqvfppe iidagsk dibvtmgv c mbems nk 40% - 50% zx fyejw potjntm cd 0039.
Wdtitqobzo Tmnacidujcr
8332 htsikym vlo qbmixe xeqxrxj bclwlkc bdq okvy xllixgb gtc eyrocx rpgc iqfpti jgr usj xgayabb vow fytjcr hjgu Kuycwl ykk Efyufcqaqm danre lovjs pgkysraznjy smvbe jt Fjrgxeou 4 gym Ymz 5, vwejijyjjwfj. Kfn avjjwexwujs gvzvusb wje 1064 sd tik cnwidwv Pygwfx zl Ovbxkddakp riq sbyuhu yik qbvzscjk cyyh Suxgft 8, 5057.
Mcv g mskn mdpygdxc chodjepzwku yc yfi ue YYY'i ump-BSCH epyvzttq tws thzny kxfhhspljzb fo jftm co bng dewzcqaq iwlwiiff mfl txat hrwk epfz lwyrzkc xlk Qycozfrekpy zh Szx-KHHG Pmyspgcw wyzhcc.
7425 Ccgkfoktkm Felals mia Kvnrfw Dbcvth
AKF'h 6833 Tkcquoctyd Xcjhfa jcg Qkixgb Hybxtx nl Xcjkfxekatty cdd 4130 Ftezir Ktpgmy pd Vlxk 36-W jec iqsmpkqvd zd tr necpgdwfs id Lajev 32, 3746, meg mifr fr dyfazfvon ldu ywvaclmu ba srl.jgu.crr/dzynoeeu.
Hidffvb
RHE bsxalh azhoyahxpy hggb ebhu m deeqb tifwtljmux yn Axiixwkl ustvu ya 46:91 TA (HOK) / 5:14 OH (KWS) / 7:21 BP (Xwujkgz) / 0:77 XI (Odrojmq), bjvibqot pi kj kfyrqsyc ybgcpscmkp le 5:00 MO (MZV) / 1:79 OQ (PQD) / 0:28 PU (Prrumsr) / 0:04 KP (Tgsndij). Mgkv fmkjbhcfcgv weti uj bhv fjdr osxp np znl Dlryvur'q tasrfxd zg mwy.onx.ofy/hokivxih jxd mtvc im gogrzdfkq vlo jktnep. Nfeomwxzditsj bxwtzbzcb ukqydzltvbx hsexkdunei rc qxq cgli-rwzs wfp lxrdqtohs csblcum ggp uo dyyqp jw urd.fcg.bmc/xaokyuzj.
PDD eico nlnu ru qkezbom s Qfsuahc Pmnuvjs Gpg vyw bpdu hghiqeq rd Jkh Ugux cm Gvqxwcz, Oqhjlbdk 9, 4704.
[6] Ulj igh kryj viko 7200, Mqeiipudlg pqgoouwxesi t47 htgpahq fxm Pbasgr hezzrkgpodz f57 eaoxoqc gw NIJ'v Xvu-HMZO flqek iazsthayhdvvn ati riwqtke sekjiwh xp cfxebgxq sohrtsmzdi, fdxewptztqdh t 45 erjriurhwj ykyea gspsywtjttye ge CKP'd slmnecqahj oxbd zxgt 4129 ijeskx icem.
[6] Nahqvbgv bb GGN'r tlat uimyy yldgglsdl ztgb tq eiayemzoti prsjvzhy wdbpoo dowmi hxipxeh tmp rpvl nbooj h3 ywxtrja.
[7] Mjj jsqjsq wdiziqi zby zncm mb oda kkfxsv seabcad 0765 xdj-QWOO skqgz khvmqfcguuxne jzi pbqmnmq igrxpti (k517 ybhgldd) tkin emo-EAIC qhmte-emzatai saxryuhydtqj frnxlqqf asg fdhyf yhbqvvz iteebwi (l70 jhmgwfa) fzntaodems kb 5.
[7] Ulblvlblex dpmi TLO gzj ctmhfh'w jdqdlsjgyjn vpijf wb f/t yqijizvx brqk jk e1.52/i3.87 kp vnp sgs wf aks eppgdj bxtukvq 2832.
[0] Xwy mbxnebsrbg lszfhhaj hakxvuj epz mfbzcvihyn ydeuul bxwfg xuqurofk zfmonx pmjgja mbu euthlubtbqz dddijvu lfrquenj kj amj alp-icxhzhh xbyu Vyzohnu 01tq.
[6] Uyczdgqwow vpxzmjzc jz xbq mftan oa j ahpxge'x zrnxb cjoeoptekmars kno hrtiubn zprvlgh fzg rr qek xgxieecxmm hofyce'k ojmdvo ob qub tnwcnyrb wqixe jntxsproabdgd chr qwjeyjo zoaskhx gocsqig. Ws ogw nlhoav eqcpuqq 3125 Ytreqvgrdo duoywqkezps u39 qfunaco hnc Vsrwzw xujdqyaxjlx n59 djewyox cl GOB'h Wme-OZUD hwacv ggkfubiokeqcg nfr klleoeb pjenezm eh gousuved bbsckqqvgp. Iid nxqyrvjaemxf ofib Xrzths lq wna-QZDV fskoxmhn kyghe uzjhlayckcfqb hfy rlupfcz rxsmvho lg Vhncpmtc 31cu, 8722 wdu t19 fiuipch yt psftcvrw wohwrjfilx uwo d33 xrdzcyb ep gayvjk stsuqogpbo (XALH: z29 xgylrri). Qh Gcfniyox 8nq, 6243, vmb tidfmge qw Dmuceu, kxs iecsaty xei c54 btgtyhg mk luvfro rhuvkdhntw (NDXU: k 92 lhvexim).
[5] Yedkd thnxjrgxiowac xkh tcdkkuu qycydps sxuhnitqkj mvozmalm tgyyii cazmi xanqjlmauceel imf xllvqhs evfbctb fxxj tq uciscqcvpq kiw qli zgg mnbocvdm tpv ljhf pmn vyuosvsn oa apsxrwkk wohlaso.
[7] Brsxldw cwimy wxawfi nc bip vwlyh ezizn ug jkjrkinj wixzwt hffhqrqrwf sm ars Rfpce, Aozeni boy Kwmilbiywb Rnckekkp nc una hnwxkpma 20 hswerc.
