German software major SAP SE (SAP), while announcing fourth-quarter results, said it expects fiscal 2021 adjusted operating profit of 7.8 billion euros to 8.2 billion euros, compared to last year's 8.28 billion euros. The outlook represents a 1 percent to 6 percent drop at constant currencies.
Further, SAP expects 9.1 billion euros to 9.5 billion euros non-IFRS cloud revenue, up 13 percent to 18 percent at constant currencies. The company projects 23.3 billion euros to 23.8 billion euros of non-IFRS cloud and software revenue, flat to up 2 percent at constant currencies.
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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.