Wed, April 23, 2025
[ Wed, Apr 23rd 2025 ]: Fortune
What to believe, Elon Musk's promises or Tesla's terrible results for Q1?
[ Wed, Apr 23rd 2025 ]: ThePrint
Indian stock indices shine for 7th day; Sensex regains 80,000 level
[ Wed, Apr 23rd 2025 ]: Fortune
SAP soars most in six years after profit beats estimates
[ Wed, Apr 23rd 2025 ]: Impacts
Best Stocks to Buy After Budget 2025 in India
[ Wed, Apr 23rd 2025 ]: WOPRAI
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SAP soars most in six years after profit beats estimates

SAP, the German software giant, reported its highest profits in six years, driven by strong demand for its cloud services, positioning it as Europe's most valuable company. In the first quarter of 2025, SAP's cloud revenue surged by 24% year-over-year, reaching €3.9 billion, while total revenue increased by 10% to €7.9 billion. The company's operating profit soared to €2.1 billion, a significant rise attributed to the successful implementation of its cloud strategy and the acquisition of Qualtrics, which bolstered its cloud offerings. SAP's CEO, Christian Klein, emphasized the company's focus on innovation and customer satisfaction as key drivers of its success, with the company now valued at over €200 billion, surpassing other European tech firms.

Read the Full Fortune Article at:
[ https://fortune.com/europe/2025/04/23/sap-soars-profits-most-in-six-years-europe-most-valuable-company-cloud/ ]