SAP expects a strong second quarter


Software provider SAP expects a strong second quarter, with revenues up 18% on last year to €3.9bn (£3bn) for the three months to June and operating profits increasing by €920,00, a 7% increase.

In its preliminary results the German ERP giant said in a statement: “Our record performance speaks for itself. We delivered double-digit growth in all regions driven by strong momentum from the core as well as SAP Hana, mobile and the cloud. The results came in at the upper end of our second quarter software revenue guidance in an uncertain macro-economic environment.”

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