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SAP raises FY25 Non-IFRS operating profit to EUR ~10.2B from EUR ~ 10B

SAP continues to expect: Cloud revenue of more than EUR 21.5 billion. Total revenue of more than EUR 37.5 billion. Non-IFRS cloud gross profit of approximately EUR 16.2 billion. Free cash flow of approximately EUR 8.0 billion (now including an anticipated mid-triple-digit million Euro restructuring payout in 2025 associated with the 2024 transformation program). A share of more predictable revenue of approximately 86%.

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