XTRA:SAPSoftware
SAP (XTRA:SAP) Profit Margin Surges, Challenging Expectations for Sustained Turnaround
SAP (XTRA:SAP) delivered a sharp profit turnaround, with net profit margins rising to 19.4% from 8.3% previously and annual earnings growth increasing 158%, in stark contrast to its former five-year average annual decline of 4.1%. Estimates now call for annual earnings growth of 14.4% and revenue growth of 11.1%. Both figures are expected to outpace the wider German market's anticipated 6% annual revenue increase, while net earnings growth is expected to lag just behind the market at 16.6%...