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
11:38
Russia asks Washington to take the situation on the front into account in any future peace agreement concerning Ukraine
11:25
A nine-story residential building caught fire following a drone raid that triggered multiple alerts in Ukraine’s capital
11:07
Dozens of high-ranking officials in the U.S. military have been subjected to polygraph tests / Investigation targets leaks of classified information
10:45
Argentina has decided who will take over the captain’s armband after Lionel Messi’s retirement from the national team
10:34
WSJ: The United States and Canada have reportedly halted cooperation in the field of justice
See more news
NEWS ON THE SAME TOPICS
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
.webp)
