FRANKFURT, Germany (AP) - Business software maker SAP says net profit more than doubled in the fourth quarter to (euro) 1.20 billion ($1.56 billion).
Revenues rose 11 percent to (euro) 4.50 billion from the same quarter a year earlier.
The company on Wednesday reported a 16 percent increase in software sales, to (euro) 1.74 billion. That is a key figue for SAP because software sales mean more support service revenue down the road.
SAP AG makes computer programs that help businesses handle back-office functions such as personnel, as well as mobile and data-analysis software.