SAP SE (SAP) Wednesday said it expects full-year operating profit to be between 7.8-8.2 billion euros. Cloud revenue is projected to grow between 14-18 percent and cloud and software revenue to reach between 23.4-23.8 billion.
Further ahead to 2025, SAP expects cloud revenue to nearly triple to more than 22 billion euros.
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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.