Software giant SAP upgrades outlook as CFO says DeepSeek is 'good news'
1. SAP upgraded its 2025 profit outlook to €10.3-10.6 billion. 2. Adjusted operating profit rose 25% to €8.15 billion for 2024. 3. Revenue from core cloud and software grew by 11%, beating estimates. 4. CFO indicates optimistic execution of 2025 targets amid AI focus. 5. Competition in AI viewed positively, enhancing SAP's product offerings.