Software firm reveals profits leap

German business software firm SAP AG has reported a jump in net profit to €1.25bn in the third quarter as the company slashed the amount of money it had set aside for possible legal costs in its court battle with the Oracle corporation.

Software firm reveals profits leap

German business software firm SAP AG has reported a jump in net profit to €1.25bn in the third quarter as the company slashed the amount of money it had set aside for possible legal costs in its court battle with the Oracle corporation.

The profit figure for the third quarter is more than twice the €500m result from a year ago.

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