Optimistic outlook: SAP SE CEO Bill McDermott (R) and CFO Luka Mucic thumb up prior to the company's annual meeting in Walldorf,
WALLDORF: SAP, Europe's most valuable technology firm, on Tuesday posted 2016 results on the lower side of analysts' expectations, while nudging up its 2017 sales and profit guidance and signalling slightly higher revenue ambitions four years out.
Fourth-quarter operating profit, excluding special items, for the German software maker rose 4% to €2.37bil (RM11.28bil), the company said in a statement.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
