Cloud Backlog Increases by 26% to €22.9 Billion! SAP Correction Offers an Attractive Entry Opportunity!
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Dynamic cloud growth : The current Cloud backlog is increasing by 26% to €22.9 billion, adjusted for currency Expectations surpassed : The adjusted earnings per share are at €1.89, exceeding the analyst consensus of €1.68 Strategic transformation : Acquisitions like Reltio and partnerships with Google Cloud strengthen the Business AI segment The Walldorf software company SAP has alleviated the market's concerns about a disruption of its business model by artificial intelligence with the presentation of its results for Q2 2026....
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