German cloud-based software company SAP SE (SAP) reported that its fourth quarter profit after tax declined 25% to 1.45 billion euros from 1.93 billion euros in the previous year.
IFRS earnings per share for the quarter decreased 23% year-over-year to 1.24 euros, while non-IFRS earnings per share increased 10% to 1.86 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.