Is SAP SE (SAP) the Best German Stock to Buy Now? [Yahoo! Finance]
SAP SE ADS (SAP)
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Source: Yahoo! Finance
In Germany, the economic growth is based on industry. According to Deutschland.de, Germany's manufacturing industry contributed 26.6% to the country's gross value in 2021. In contrast, the percentages were 16.8% in France, 18.4% in the USA, and 29% in Japan. Moreover, in 2020, manufacturing companies generated 2,096 billion euros (approximately $2.2 trillion) in revenue. The largest contributor, at 459 billion euros ($485.3 billion), was the automotive market. According to the aforementioned research report, the manufacturing market's export ratio in 2021 was 48.4%. Motor cars and motor vehicle parts were Germany's most important export products in 2022, totaling 244.4 billion euros ($258.4 billion) and accounting for 15.5% of German exports, as in previous years. In this calculation, it is the value of the finished car counts, even though many parts are imported from other countries. As per Torsten Schrimpf, Partner and International Business Centre Director at Grant Thornton in
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SAP
Earnings
- 10/21/24 - Miss
SAP
Sec Filings
- 10/23/24 - Form 6-K
- 9/12/24 - Form S-8
- SAP's page on the SEC website