Photograph: European Press AgencyAn Irish subsidiary of one Europe’s most valuable companies, German software giant SAP, paid out dividends of more than €300 million over two years to its European parent companies, newly filed accounts reveal. SAP Ireland, formerly known as Business Objects Software until it registered a change of name with the Companies Registration Office earlier this year, is based in Citywest in Dublin. Operating profits at SAP Ireland, which employed 368 people in 2024, mostly in development and sales, jumped to €472 million from €450 million. SAP Ireland’s shares are held in two separate companies, French entity SAP France and German SAP SE. However, most of SAP’s more than 2,000 Irish workers are employed through a separate company, SAP Service and Support Centre Ireland, which also filed accounts recently.
