SAP: AI-Focused Restructuring to Add €200 Million to Bottom Line

SAP now expects non-International Financial Reporting Standards (IFRS) operating profit of €10.2 billion (about $11.1 billion) in 2025, up from its previous forecast of €10 billion (about$10.9 billion), according to a Monday earnings release. "We continued to execute on our transformation program with great discipline with rehiring only for the skill sets we need," SAP CEO Christian Klein said Monday during the company's quarterly earnings call. "As you have seen, we are increasing the volume of the progra ...