SAP
SAP shareholders elected René Obermann as designated supervisory board chairman with over 99 percent approval at the annual general meeting. The 63-year-old will assume the role only in 2027. This ends a years-long search for a successor to Hasso Plattner.
Reported by AI
Europe's largest software maker SAP reported six percent revenue growth to 9.6 billion euros in Q1 2026, driven by cloud software revenues. CEO Christian Klein highlighted momentum in artificial intelligence. The company expects only moderate growth for the full year.
February 18, 2026 23:23