The German software maker is in the midst of a transition to offer cloud-based services to business customers.
BARCELONA: Europe's biggest technology company SAP expects profit margins to flatten out during the fourth quarter after three years of declines, with improving margins to begin to show up in 2018, chief financial officer Luka Mucic said on Friday.
The German software maker is in the midst of a transition to offer cloud-based services to business customers, and management have flagged that 2017 would be the low-water mark for margins as it invested in datacentres and redeployed staff.
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