UPDATE 2-Unexpected high license growth fuels SAP Q2 oper profit beat

miércoles 20 de julio de 2016 02:09 GYT

* Q2 oper profit 1.52 bln vs 1.45 avg in Reuters poll

* Q2 software licenses up 10 pct in constant currencies

* CEO says experienced no impact from Brexit vote

* Shares indicated up 4.2 pct to outperform main index (Rewrites to adds shares, trader comment)

By Harro Ten Wolde

FRANKFURT, July 20 (Reuters) - Unexpectedly strong growth in high-margin packaged software licenses fuelled quarterly earnings of Europe's largest software company SAP, which confirmed its full-year outlook.

Second-quarter operating profit, excluding special items, rose 9 percent to 1.52 billion euros ($1.67 billion), beating average analysts' expectations of 1.45 billion euros in a Reuters poll.

SAP, whose customers include many of the world's biggest multinational corporations, specialises in business applications ranging from accounting to human resources to supply-chain management.

It and its established rivals such as Oracle and IBM are racing to fend off pure cloud software rivals like Salesforce.com and Workday Inc in the market for running complex business operations.   Continuación...