30-11-2016 18:26 via uk.news.yahoo.com

SAP CFO confident on 2016 profit goal, signals higher dividend

By Harro Ten Wolde and Ilona Wissenbach FRANKFURT (Reuters) - SAP, Europe's most valuable technology company, is confident it will hit its 2016 profit target based on its order portfolio in the all-important fourth quarter and sees no obstacle to raising its dividend, Luka Mucic, the company's chief financial officer, said on Wednesday. Mucic told Reuters in an interview that he also planned to keep a tight rein on acquisitions, in line with the 100 million euros ($106 million) it spent in 2016
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