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SAP Q4 Profit Down; Plans To Acquire Majority Stake Of Taulia

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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by RTTNews Staff Writer

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