FRANKFURT/LONDON (Reuters) – Germany’s SAP (SAPG.DE) declare cheerful results in the seasonally strong first quarter, saying it was gaining ground on its main challenger Salesforce (CRM.N) and Oracle (ORCL.N) in the cloud and that its brink recovery was securely on track.

SAP, Europe’s huge tech company by stock market appraisal, also lift up its sales and profits direction for 2018 to take into account the $2.4 billion possession of U.S. sales software firm Callidus that was declare in January.

“We’re obtain share rapidly and we’re outpacing our durable competitors attractive handily,” Chief Executive Bill McDermott told journalist on a conference call, calling the results brawny at the top and bottom line.

SAP now anticipate total non-IFRS earnings at continuous currencies this year of 24.8-25.3 billion euros ($30.28-$30.89 billion), appear for growing of 5.5-7.5 percent, up from an earlier expectation of 5-7 percent growing.