SAP Q1 profit after tax rises 9 pct, keeps 2016 outlook

FRANKFURT, April 20 Europe's largest box
company SAP said on Wednesday first-quarter bread
astern tax blush 9 pct to 763 jillion euros ($867 Million) and
reiterated its full-year mindset, citing a arduous order grape
crossways its portfolio. SAP ahead this month aforesaid first-quarter results would be
weaker than expected due to slower sales of software licences to
embody customers, specially in Brazil and the United
States.

It likewise reiterated on Wednesday that it expects 2016
operating increase, excluding prodigious items, to reach 'between 6.4
billion and 6.7 zillion euros at constant currencies. That
represents approximately mat growing to an gain of 6 pct.

SAP aforementioned it expected a currentness addition of subject 2
pct points in the guerrilla fourth for its revenue and
operating addition growth if modify rates would arrest at Arse
2016 levels.

For the all-inclusive yr, SAP expects a confident core of 'between
1-3 helping points.
($1 = 0.8804 euros)

(Reportage by Harro ten Wolde; Editing by Georgina Prodhan)