German tech giant SAP upgraded its 2025 operating profit outlook to 10.3-10.6 billion euros, fueled by strong cloud computing and AI operations growth. The firm’s adjusted operating profit for 2024 increased by 25% to 8.15 billion euros, surpassing analyst expectations. Revenue from core cloud and software businesses rose by 11%, with CFO Dominik Asam expressing confidence in meeting 2025 targets. Analysts at JPMorgan noted the upgrade was above expectations, with shares trading down 0.9% following the announcement.
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Largest artificial reef in WA deployed off Carnarvon coast creating new recreational fishing opportunities
Carnarvon has completed the installation of 300 artificial reef modules off its coast, marking the largest reef project in WA, funded by a $1.4 million initiative. The reef, located 7km from Pelican Point, is expected to enhance local fishing opportunities, support marine life, and boost tourism and the economy in the Gascoyne region. Want More Context? 🔎
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