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SAP NZ reports sales up 20 percent

SAP NZ reports sales up 20 percent

SAP New Zealand's sales for the year ended December 2008 grew nearly 20 percent over 2007, up from $47 million to $56.2 million.

According to accounts lodged with the Companies Office this month, SAP New Zealand's gross profit grew from $14.6 million to $18.8 million. Net profit before tax rose from $6 million to $9.4 million.

After tax profit was $6.5 million.

An SAP representative was not immediately available for comment.


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