SAP said its year end revenue growth will be about 60 per cent, ahead of its previously forecast 50 per cent increase. This means sales are likely to be in the region of $3.4 billion when they are officially released on 27 January compared with $2.1 million last time.
As a result, the applications supplier said it expected earnings per share to grow by more than 50 per cent because its costs had risen more slowly than sales. Observers said they expected SAP to try and continue present growth rates by moving into new markets such as supply chain, customer management, salesforce automation and helpdesk by March this year.
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