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SAP Q3 Profit Up 31%; But Cuts 2020 Non-IFRS Total Revenue Outlook

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

SAP SE (SAP) reported that its third-quarter profit after tax rose 31% to 1.65 billion euros from last year's 1.26 billion euros.

Earnings per basis share was up 26% year over year to 1.32 euros on a IFRS basis and up 31% year over year to 1.70 euros on a non-IFRS basis, reflecting a strong contribution from Sapphire Ventures.

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Business News

Global Economics Weekly Update - April 27 – May 01, 2026

May 01, 2026 15:54 ET
Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.

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