SAP Posts Decline In Q4 Profit
January 23, 2013 at 04:03 AM EST
SAP AG (NYSE: SAP ) reported a drop in its fourth-quarter profit. For 2013, SAP projects an operating profit of €5.85 billion to €5.95 billion. SAP's quarterly after-tax profit dropped 8% to EUR1.1 billion. Its revenue climbed 12% to EUR5.02 billion, while operating profit fell 5% to EUR1.59 billion. SAP shares
