SAP Reports Increase in First-Quarter Operating Profit

CNBC Friday 13th April, 2012

] said it expects a strong second quarter 2012 with software revenue growth in a range of 15 to 20 percent at constant currencies and non-IFRS software and software-related service revenue growth in a range of 14 to 16 percent at constant currencies. SAP shares pared earlier losses after the pre-announcement of first quarter figures trading 0.2 percent lower at 10.20 London time. The company is due to publish full results on April 25.

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