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SAP's adjusted operating profit surged by 58% to EUR 2.46 billion in Q1 2025, surpassing expectations, while cloud revenue rose 26% to EUR 4.99 billion. However, uncertainties loom due to a customs dispute initiated by Donald Trump, which could impact future orders and economic stability. Investors should monitor developments in the tariff situation, with key price levels set at EUR 250 and EUR 235 for support.
SAP SE announced that CFO Dominik Asam will participate in two upcoming conferences: the Morgan Stanley European Tech, Media & Telecom Conference in Barcelona on November 20, 2024, and the UBS Global Technology and AI Conference in Scottsdale, Arizona, on December 3, 2024. Both events will feature a Fireside Chat and will be webcast, with replays available on the SAP Investor Relations website.
SAP SE is reevaluating its partnership with Carahsoft Technology Corp. following an FBI raid on the reseller's Virginia office in September. CFO Dominik Asam emphasized the need for assurance in their business relationships, stating, "we have to be absolutely sure that we can rely on a clean partner."
Dominik Asam
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SAP shares rise amid strong profits and customs dispute concerns
17:02 23.04.2025
sap cfo to speak at morgan stanley and ubs tech conferences
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SAP reviews partnership with Carahsoft following FBI office raid
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