SAP said it expects its second quarter figures to grow at about the same rate as the first quarter, although it warned that such growth would not be sustained for the rest of the year. In the first quarter, the applications supplier saw pre-tax profits rise by 54 per cent and sales increase by 49 per cent. Analysts at securities house UBS expect this quarter's turnover to grow by 44 per cent to DM1.3 billion ($742 million), with profits up 48 per cent to DM380 million. SAP's figures will be released on 24 July.
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