SAP SE reported results that topped analysts’ estimates as the company put a weak start to the year behind it and closed more software deals despite political turmoil in Europe.
Operating profit for the second quarter was 1.52 billion euros ($1.67 billion), topping the 1.45 billion-euro average of analysts’ estimates collected by Bloomberg. Sales were 5.24 billion euros, compared with the average 5.22 billion-euro estimate.
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