SAP has reported delays in US customer decisions due to trade tensions, but the recent agreement with Japan offers optimism.
Ana Maria Eftene
International
Foto: Facebook SAP
Always see our news on Google
SAP, Europe's most valuable publicly traded group, has warned that trade tensions are affecting customer decisions in the US, with delays in transactions, especially in the public and industrial sectors. Chief Financial Officer Dominik Asam said the US-Japan agreement on tariffs brings a ray of hope, but political uncertainty persists. The company reported revenue of €9.03 billion up but below market expectations, and currency fluctuations hurt results. SAP shares fell 3.5%.
Sources
Latest News
22:10
Volodymyr Zelenskyy asks Elon Musk to restore Starlink services in Ukraine: “People will die”
21:54
Greenland rejected Trump's claim about the massive exploration of oil, gas, and mineral deposits
21:36
Volodymyr Zelenskyy says that Ukraine is “losing a strong partner” and criticizes Donald Trump for growing closer to Russia
21:08
The DNA is conducting searches at the company managed by Gabriel Daraban, as part of an international investigation into an alleged fraud against NATO
21:00
The Ministry of Finance raised 1.27 billion lei through the Fidelis government bonds issued in October
See more news
NEWS ON THE SAME TOPICS
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
