FRANKFURT, April 20 (Reuters) – Germany’s SAP met analysts’ forecasts for sales of new software licences but missed expectations for earnings after a difficult first quarter in which it lost a top manager and faced a lawsuit from a rival.
The world’s biggest maker of business software said on Friday licence sales, which tie customers into lucrative maintenance and service deals, rose 10 per cent to €564m ($767m), in line with a Reuters poll.
