SAP raises financial outlook after strong third quarter earnings

NAMPA / DPA

2024-10-22

Frankfurt (dpa) - Europe's largest software maker, German-based SAP, on Monday reported a significant increase in earnings for the third quarter, despite ongoing economic challenges in various regions. In the period from July to September, SAP's earnings before interest and taxes (EBIT), adjusted for special items, surged by 27% year-on-year to ?2.24 billion ($2.42 billion). The growth is partly attributed to the company's job cuts, which have......

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