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💻 #software 🇩🇪 $SAP SAP: Q3 2026 non-IFRS EPS +19% to €1.89. Our breakdown: revenue +€0.21, margin +€0.07, fewer shares +€0.02. IFRS EPS +14% to €1.96, with equity-security gains. Cloud backlog +26% at constant currency; cloud outlook now at the upper end. midgardfinance.com/companies/SAP.DE/

22/10/26, 5:00 am0 reposts3 likes

Midgard Finance

@midgardfinance.com

SAP revenue +12% at constant currency, all of it from cloud: cloud +25%, while support, services and licences shrank. Cloud was lifted by catch-up revenue from customers returning from financial distress. midgardfinance.com/companies/SAP.DE/