SAP Defies Industry Trend

SAP AG, the world’s third-largest software maker by sales, continued to outperform its business-software peers Friday as flourishing sales of database and web-based applications pulled profits higher.

The company, based in Walldorf, Germany, outshone main rival Oracle Corp., posting a 17 percent rise in net profit to €520 million ($678.7 million) and a 7 percent increase in revenue. Oracle’s net profit, in contrast, was flat in the December-to-February quarter as revenue declined slightly.

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