SAP SE (BUE:SAP)
ARS 44550 3525 (8.59%) Market Cap: 279.70 Til Enterprise Value: 278.46 Til PE Ratio: 98.21 PB Ratio: 6.37 GF Score: 63/100

Q1 2019 SAP SE Earnings Call Transcript

Apr 24, 2019 / 12:00PM GMT
Release Date Price: ARS700.2
Operator

Good day and welcome to the SAP Q1 2019 Conference Call. Today's conference is being recorded. And now at this time I would like to turn the conference over to Mr. Stefan Gruber, Head of Investor Relations. Please go ahead, sir.

Stefan Gruber
SAP SE - Head of IR

Yes. Good morning or good afternoon, this is Stefan Gruber. Thank you for joining us to discuss our results for the first quarter 2019. I'm joined by our CEO, Bill McDermott; and Luka Mucic, our CFO, who will both make opening remarks on the call today. Also joining us for Q&A are Board members, Adaire Fox-Martin, President of our Global Customer Operations; Jennifer Morgan, President of our Cloud Business Group; and Christian Klein, our COO, who leads Intelligent Enterprise Group.

Before we get started, as usual, a couple of words on forward-looking statements and our use of non-IFRS financial measures. Any statements made during this call that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as

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