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SAP reiterates 2015 guidance, says business conditions "unchanged"

|About: SAP SE (SAP)|By:, SA News Editor

"The current environment is not changing from what I have seen in the first half of the year ... we have confirmed guidance and we are in the position to meet our targets for the year," says SAP (SAP +1.5%) CFO Luka Mucic.

The enterprise software giant forecast in July software license/support and cloud subscription/support revenue will rise 8%-10% in 2015 in constant currency, and that op. profit will be in a €5.6B-€5.9B ($6.3B-$6.6B) range. A strong euro has been expected to boost 2015 op. profit by 7%-10%.

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