SAP becomes the most valuable firm in Europe among German shares

This week, SAP software manufacturer has become the most valuable company in Europe, which was traveling on a wave of artificial intelligence and profit from the German stock market.

According to FACSET, the company had a market capitalization of about $ 342.4 billion, and shares a day increased by 1.16% and increased by more than 40% over the last year.

SAP, which offers corporate products during cloud solutions, costs, supply chain and analytics, is widely considered that it provides greater profits as it provides a large customer base and abundance of business data to create opportunities from AI.

Analysts of the Bank of America have once again confirmed SAP as the main great software for 2025, having “further upside down on the sellers, including with AI”. Analysts have also stated that the migration of business -wreck remains at an “early stage” and will continue in recent years.

Company earlier last year proceeded to a great restructuring Business focusing on AI’s capabilities has been reported Cloud income increased by 25% Since the year in 2024.

Earlier, CEO Christian Klein told CNBC that it was a “best year in SAP history”, and in 2024 the company lag of 63.3 billion euros (68.5 billion).

“We are sitting on a very wealthy business data set, finance data data, sales chain data chain,” 40,000 customers said in January, calling it “the richest data set for all technology companies.”

Through AI Tools SAP allows different departments, such as sales, supply chains and purchases to access a high degree of automation, Klein continued, and in itself remained “agnostic to any big linguistic model” – form AI, which uses huge sets of data to perform different tasks.

Dominic Aama, Chief Financial Director of the company, said CNBC in January that AI Tool, launched by Chinese Startup Deepseek What the financial markets were “good news” for SAP earlier this year.

This year German markets are going to the bull Dax Index is almost 16% today – far superior to European peers such as FTSE 100about 6.6%, and France CAC 40about 9.91%.

The moods were subjected A Great Fiscal Package Approved by German legislators this month, which allow hundreds of billions of public spending on infrastructure, climatic projects and protection.

SAP takes place as the most valuable company in Europe Novo nordiskDanish pharmaceutical giant, known Drugs by the weight of the oxen And Vegavi. After a period of intense excitement Novo has fought in recent months Intensive competition in the market and Investor skepticism over his future product line. The company’s market capitalization on Monday amounted to about $ 332 billion, Factset data showed.

French luxury group LvmhWhich at the end of 2023 was canceled from the first place in Europe Novo Nordisk, also noticed that this year’s shares to shiver about the demand for the luxury sector.

– Karen Gilchrist CNBC introduced this story