Stocks in Action: SAP, Volkswagen, Atoss Software, CeWe Stiftung, and Deutsche Börse.
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Stock 1.) SAP - Software Industry Leader Surprises with Significant Growth in Cloud Revenue, Slightly Lowers Annual Forecast Due to Acquisitions! The focus on Friday is SAP, after the Walldorf-based software company was able to present solid figures for the past Q2 following the market close the evening before. Total revenue climbed from €9.03 billion to €9.88 billion (consensus: €9.85 billion), while cloud revenues reached €6.28 billion, significantly above last year's €5.13 billion, exceeding analyst estimates of €6.26 billion....
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