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
15:16
The Danube's flow has fallen below half the average for September, and some rivers are subject to restrictions
15:16
The Olena Zelenska Foundation announced that its humanitarian aid warehouse was destroyed in a Russian attack on Kyiv
15:00
Alexandru Muraru challenges PSD and AUR to publicly take responsibility for a potential collaboration following consultations at Cotroceni Palace
14:59
Russia attacked Kyiv and Odesa / Ukraine launched hundreds of drones at Russian regions
14:56
Poland’s Foreign Minister warns that Russia is escalating and waging an “increasingly physical” war with Europe
See more news
NEWS ON THE SAME TOPICS
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
