Software firm sees net profit slide 16%

Source: Agencies | April 30, 2009, Thursday |

Print Edition

GERMAN software company SAP AG's first-quarter net profit fell 16 percent because of factors including lower revenues and charges from staff reductions, it said yesterday.

The Walldorf-based company said net profit was 204 million euros (US$269 million) compared to 242 million euros in the same period last year.

Sales for the period were also lower at 2.40 billion euros from 2.46 billion euros.

"Due to the continued uncertainty surrounding the economic and business environment, SAP will not provide a specific outlook for software and software-related service revenues for the full-year 2009," the company said in its report.

About Us
|
Terms of Use
|
RSS
|
Privacy Policy
|
Contact Us
|
Shanghai Call Center: 962288
|
Tip-off hotline: 52920043

沪ICP证：沪ICP备05050403号-1
|
互联网新闻信息服务许可证：31120180004
|
网络视听许可证：0909346
|
广播电视节目制作许可证：沪字第354号
|
增值电信业务经营许可证：沪B2-20120012

Software firm sees net profit slide 16%

Email this to your friend