SAP warns exchange rate effects could hit Q4

Reuters

FRANKFURT, Oct 21 (Reuters) - German business software makerSAP stuck to its full-year outlook on Monday butwarned its revenue and core operating profit could take a hitfrom volatile exchange rates.

SAP said it still expected 2013 operating profit, excludingspecial items to be in a range of 5.85-5.95 billion euros($8.01-8.18 billion) at constant currencies.

But if exchange rates remain at the September level for therest of the year, fourth-quarter and full-year software andsoftware-related service revenue growth will take a negative hitof about 5 percentage points, it said.

It added its operating profit growth, excluding specialitems would see a negative impact of about 7 percentage pointsfrom currency effects.

View Comments (0)