Europe’s most valuable firm SAP flags U.S. trade slowdown but says Japan deal gives 'hope'
Publishing timestamp: 2025-07-23 08:22:13
Summary
SAP reported higher revenue and cloud backlog in the second quarter, but deal-signing slowed down due to trade uncertainty. The U.S.-Japan trade deal provided some hope, but reactions to the results were mixed, with shares opening lower. The company is facing challenges due to macro uncertainty and strength of the euro against the U.S. dollar. Despite this, SAP remains optimistic about catching up and the outlook for the full year.
Sentiment: MIXED
Tickers: UNDEFINED, MC-FR, .BBKA,
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Source: https://www.cnbc.com/2025/07/23/germanys-sap-flags-us-trade-hit-but-says-japan-deal-gives-hope.html