Software group SAP records strong H1 results and promises more to come

In H1, the company recorded an almost 37% growth in sales of ERP software, which was among other reasons due to the signing of contracts with the Social Insurance Office (ZUS), the Town Hall in Wrocław, and the EC Rybnik power plant. In the second half of the year, SAP wants to maintain this positive trend in both sectors and it also plans to acquire 3-4 new contracts in the heating power sector. In H1 revenues from services were growing at a slower pace, but the trend still exceeded 20%. At the end of 2004 SAP controlled 32.6% stake of the market, while the plans for 2005 envisage the growth of at least 3%. "We are aiming at a 40% share of the Polish market, which should be achieved by the end of next year," said Grzegorz Rogaliński, head of the Polish division of SAP. (Puls Biznesu, p. 8) M.M.