SAP warns exchange rate impact to worsen in second quarter
FRANKFURT (Reuters) - German business software maker SAP warned on Thursday that it expected the negative impact of volatile exchange rates to worsen in the second quarter as the strong euro weighs on its financial results.
The gains in the euro are causing headaches at many European companies that rely on revenues from abroad. The euro has climbed 2.3 percent against the U.S. dollar and nearly 6 percent against Japan's yen in the past six months.
SAP News
SAP Enables Developers to Drive the Agentic AI Revolution
From the keynote stage at SAP TechEd Berlin, SAP executives announced a slew of new tools, product enhancements, and partnerships.SAP Expands Physical AI Partnerships and Demonstrates Success of New Robotics Pilots
Accelerating autonomous operations across manufacturing, logistics, and field services.Introducing SAP Snowflake, New Data Fabric Innovations for SAP Business Data Cloud and SAP HANA Cloud
For decades, data has been the backbone of innovation. And in today’s AI-enabled economy, its role has never been more vital. Now, data must be...Groups
© 2025 Created by Maisam Agha.
Powered by
