Cloud services lift SAP sales but costs tether profit growth

FILE PHOTO: SAP headquarters in Walldorf, Germany, January 24, 2017. FRANKFURT (Reuters) – Newer cloud services powered a rise in second-quarter revenue at Germany’s SAP but higher costs curbed profit growth, results from Europe’s most valuable technology firm showed on Thursday. Core profits excluding special items rose 3 percent to 1.57 billion euros at constant […]