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Bloomberg Markets and Finance published this video item, entitled “SAP CFO Sees `Challenging’ Demand Environment Until Mid-2021” – below is their description.
Oct.26 — SAP SE Chief Financial officer Luka Mucic talks about the challenges facing the software company amid the ongoing coronavirus pandemic. The Walldorf, Germany-based company cut its revenue forecast for the full year and said it expects a fresh wave of lockdowns to hurt demand through the first half of 2021. Mucic appeared on “Bloomberg Markets: European Open” before SAP’s shares dropped as much as 21%, the biggest intraday fall since 1999.Bloomberg Markets and Finance YouTube Channel
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In This Story: Germany
Germany is a federal parliamentary republic led by a chancellor. With over 83 million inhabitants of its 16 constituent states, it is the second-most populous country in Europe after Russia, as well as the most populous member state of the European Union. Its capital and largest city is Berlin, and its financial centre is Frankfurt; the largest urban area is the Ruhr.
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In This Story: markets
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In This Story: SAP SE
SAP SE is a German multinational software corporation based in Walldorf, Baden-Württemberg, that develops enterprise software to manage business operations and customer relations. The company is especially known for its ERP software.