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SAP third-quarter operating profit beats estimates on mature markets

A bag with SAP logo is pictured before the company's annual general meeting in Mannheim, Germany, May 20, 2015.

SAP (SAPG.DE), Europe's biggest software maker, on Tuesday reported a 19 percent rise in third-quarter operating profit, excluding special items due to growth in its mature markets.

SAP said third-quarter operating profit, excluding special items, rose to 1.62 billion euros ($1.84 billion), beating the most optimistic estimate among 14 analysts, with individual estimates ranging from 1.45 billion to 1.59 billion euros, according to Thomson Reuters...


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