FRANKFURT -Shares in SAP were up 4.4% in Lang & Schwarz pre-market trade on Tuesday after the German software company raised its full-year targets on strong cloud business in the third quarter.
With its guidance for 2025 unchanged, Barclays analysts said in a note that"even the new guide looks conservative". The company expects the cost of an ongoing restructuring at around 3 billion euros as it evaluates up to 10,000 of its roughly 100,000 jobs to prepare for the emerging era of AI.
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