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SAP Crosses €10 Billion Quarterly Revenue, Raises 2026 Outlook

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Germany-based SAP, Europe’s largest technology company, reported quarterly revenue exceeding €10 billion for the first time, raising its 2026 revenue outlook to the upper end of its forecast range. The company’s third-quarter performance was supported by strong cloud demand, with cloud revenue increasing 26% to €6.67 billion and its cloud backlog rising 26% to €24.14 […]

Adidas Raises 2026 Profit Forecast After Record Third-Quarter Results

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German sportswear giant Adidas raised its full-year profit forecast after reporting a record third-quarter operating profit, supported by a US tariff refund and strong full-price sales. The company’s operating profit rose 37% to €1.008 billion from €736 million in the same period last year, according to Reuters on October 20, 2026. Adidas received approximately €200 […]