Future Tech

SAP reports revenue growth in Q1

Tan KW
Publish date: Fri, 21 Apr 2023, 02:52 PM
Tan KW
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Future Tech

Business software maker SAP reported first-quarter revenue growth of 10% on Friday, beating expectations, boosted by its cloud business.

The German firm's IFRS operating profit fell 45%, reaching 803 million euros ($879.93 million) by the end of March, while group revenue was at 7.4 billion euros.

 


  - Reuters

 

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