US sales surge lifts SAP's profits

SAP has reported a 16% increase in second quarter net profits fuelled by strong sales in the US for its business software.

SAP has reported a 16% increase in second quarter net profits fuelled by strong sales in the US for its business software.

Sales for the quarter rose 13% year on year to £1.44bn, which produced a net profit of £206m.

Software revenue rose 24% in the US, 23% in Asia and 9% in Europe.

SAP is hiring thousands more staff to work in its India operations, but not at the expense of its European headcounts.

The company plans to double the number of employees in India to around 4,000 by the end of 2006. Most of the current 2,000 SAP staff in India are employed in a product development operation in Bangalore, which is where most of the planned expansion will take place. 

SAP sadi the Indian expansion would not take jobs away from its western operations, which have rapidly expanded over the last two years.

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