SAP CFO Sees `Challenging’ Demand Environment Until Mid-2021

About This Source - Bloomberg Markets and Finance

Bloomberg Markets and Finance features news about financial markets from around the world. Bloomberg L.P. is a privately held financial, software, data, and media company headquartered in Midtown Manhattan, New York City. It was founded by Michael Bloomberg in 1981, with the help of Thomas Secunda, Duncan MacMillan, Charles Zegar, and a 12% ownership investment by Merrill Lynch.

Bloomberg Books #Ad

Recent from Bloomberg Markets and Finance:

  • ‘Bloomberg Surveillance’ Full Show (07/23/2021)
  • Wall Street Week – Full Show (07/23/2021)
  • Netflix Won The First Round of The Streaming Wars: McNamee
  • 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

    Got a comment? Leave your thoughts in the comments section, below. Please note comments are moderated before publication.

    In This Story: Germany

    Germany, officially the Federal Republic of Germany, is a country in Central and Western Europe. It lies between the Baltic and North seas to the north, and the Alps to the south.

    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.

    5 Recent Items: Germany

  • Deadly floods in Germany: What remains | Focus on Europe
  • Germany’s floods set back country’s vaccination roll-out
  • Pegasus Project: Malware used against journalists and dissidents | The Listening Post
  • An Australian hero helping Germany after devastating floods | 7NEWS
  • Germany flooding, fiery Fauci, wildfire smoke in NYC: Week in Photos
  • 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.

    2 Recent Items: SAP SE

  • SAP Cloud Unit Has ‘Blowout’ Quarter
  • Qualtrics CEO on IPO: Not ‘Caught Up’ on Stock Market
  • Leave a Comment