SAP (SAP): Q3 net profit falls to €618 from €1.25B last year, which was boosted by release of...

|About: SAP AG (SAP)|By:, SA News Editor
SAP (SAP): Q3 net profit falls to €618 from €1.25B last year, which was boosted by release of provisions worth €723M. However, Q3 2012 below forecasts due to forex fluctuations. Revenue +16% to €3.95B. Adjusted operating profit +10% to €1.24B, in line. Software license sales +17% to €1.03B, above consensus of €993M. (PR)