SAP says Trump-driven trade uncertainties can help sales

Optimistic outlook: SAP believes Trump would secure new bilateral trade deals to compensate for business lost as the US retreats from global, multilateral trade pacts.

WALLDORF: SAP, Europe's most valuable technology firm, raised its outlook slightly for the next four years, saying challenges to global trade presented by Donald Trump's new US administration would drive sales of its business planning tools.

The German software company, which counts many of the world's biggest multinational companies among its customers, reported 2016 results on the lower side of analysts' expectations on Tuesday.