Germany SAP FLAGS US HIT HIT but says Japanese transaction gives “Hope”

German Program Giant Juice said on Wednesday that US Tariff Tensions slowed down the decision of their customers but it Japanese Trade Agreement Announced on Tuesday’s cause of careful optimism.

“In some sectors most affected by these (political) decisions, for example, in the US State Sector, as well as very large production industrial companies with complex global supplies, there was a big deal that took place on the last quarter,” said SAP chief financial director Dominic Assam.

The transactions did not disappear completely, but the assertion was transferred above the chain of the teams and contained processes of uncertainty, he noted.

“Now we have to see how fast we can catch up. This is a very question how the general setting will develop. I mean, obviously, the latest events in Japan give us some hope, but too early to think about it,” Asam said.

“The sooner the uncertainty decreases, the more confidence in us for the whole year,” he added.

SAK in March became the largest in Europe on the company listExaltation of the French luxury group Lvmh and manufacturer of Ozempic Novo nordisk In the market capitalization, after turning the business in the first place to cloud computing and Then to the possibilities in artificial intelligence.

Now SAP brings most of its income from Cloud Services and focused on how AI can take advantage of its huge set of finance, sales and supply chains to make efficiency for business.

The United States is one of the major markets, and investors questioned how the SAP will affect the potential rollback in the expenses, as the Presidential Administration Donald Trump is involved in tense trade disputes and tariff talks with most of the world.

The status of any frame with the European Union remained overwhelming in uncertainty as of Wednesday, but the global stock markets were announced on Tuesday’s agreement with Japan, which set tariffs on their own Export to USA at 15%.

Juice report At the end of Tuesday, 9.03 billion euros (10.6 billion dollars) are 9.03 billion in the second quarter, just ashamed of the LSEG’s 9.08 billion forecast. The operating profit was only ahead of the estimates of 2.57 billion euros.

The company once again confirmed the forecast in 2025, despite the fact that “the existing dynamic environment provides an increased level of uncertainty and decreased visibility.”

At the call of the analyst on Tuesday, CEO Christian Klein said SAP saw a “strong impetus” of recent presses in Europe’s national security This year’s big profits in the Defense ProtectionSome of which are SAP customers.

Its current cloud gap, the key metric for the firm, increased by 28% on permanent currency to 18.05 billion, that Deutsche Bank analysts were “strong” on Wednesday.

“Overall, we see that SAP continues to fulfill very well in difficult conditions that help its strong offers, the AI road map and the structural long-term migration projects. New victories included icon clients such as Alibaba in Q2,” said Deutsche Bank analysts.

However, other reactions were less positive, and TD Cowen and Piper Sandler analysts that expose their target stock prices.

One drag of results occurred from the fluctuations of exchange rates, especially Weakness in the US dollar, which collects more than a third of the profit, against the euro reported by SAP. The firm predicts a 5 percent drag of income growth indicators in the third quarter, suggesting that exchange rates as of June 30.

Wednesday’s Early Deal Wednesday on Wednesday SAP stocks were 3.5% lower.