Wednesday, July 18, 2007

UPDATE 1-SAP beats Q2 forecasts, licence sales grow strongly

(Reuters) - Operating profit at the world's biggest maker of business
software rose 10 percent to 577 million euros, also beating
expectations and despite a weak dollar versus the euro, thanks
partly to a slow start to spending on new software development.




SAP reported a currency-adjusted 19 percent rise in software
and software-related service revenues to 1.71 billion euros, in
line with expectations and making its full-year forecast of 12
to 14 percent growth at constant currencies look comfortable.


Read more at Reuters.com Market News

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