SAP's Kagermann Sees 28% Profit Margin After Cost Cuts
- 04:39:37
- Bloomberg
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SAP's Kagermann Sees 28% Profit Margin After Cost Cuts
Henning Kagermann, co-chief executive officer of SAP AG, talks with Bloomberg's Rishaad Salamat from Walldorf, Germany, about third-quarter earnings, cost-cutting plans and margins. The world's biggest maker of business-management software withdrew its 2008 sales forecast and lowered its profit-margin target to about 28 percent from between 28.5 percent and 29 percent. (Source: Bloomberg)
Bloomberg | October 28, 2008
