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-0.000325573823864497 0.00048836073579686 -0.00162786911932283 -0.000813934559661357 -0.00048836073579686 0.000162786911932248 -0.0030929513267133 -0.00211622985511957
Stock impact report

SAP soars most in six years after profit beats estimates [Fortune]

Novo Nordisk A/S (NVO) 
Last novo nordisk a/s earnings: 2/5 01:31 am Check Earnings Report
US:NYSE Investor Relations: novonordisk.com/investors.html
Company Research Source: Fortune
Adjusted operating income rose 58% in constant currencies to €2.5 billion ($2.9 billion), the Walldorf, Germany-based company said in a statement on Tuesday. That compares with an average estimate of €2.24 billion by analysts compiled by Bloomberg. SAP shares rose as much as 11% in Frankfurt on Wednesday, the biggest intraday jump since April 24, 2019. The stock has risen 36% over the last year and its value eclipsed Novo Nordisk A/S and LVMH in March. SAP's enterprise resource planning software — used for bookkeeping, procurement and human resources — generally requires customers to sign up for a contract, locking in a steady revenue stream. About 86% of SAP's sales were from recurring revenue last quarter, helping insulate SAP from economic turbulence and fears of a US recession, Chief Executive Officer Christian Klein said in an interview on Bloomberg Television. “Customers are coming to SAP with a need to focus on real cost savings, something SAP can clearly cater to given Show less Read more
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