Accenture plc (NYSE:ACN) Q4 2019 Earnings Conference Call - Final Transcript

Sep 26, 2019 • 08:00 am ET


Accenture plc (NYSE:ACN) Q4 2019 Earnings Conference Call - Final Transcript


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Ladies and gentlemen, thank you for standing by, and welcome to Accenture's Fourth Quarter Fiscal 2019 Earnings Call. Now, at this time all participants are in a listen-only mode and later we will conduct a question-and-answer session. [Operator Instructions] As a reminder, today's call is being recorded.

I will now turn the call over to Managing Director, Head of Investor Relations, Angie Park. Please go ahead.

Angie Park

Thank you, Kevin, and thanks, everyone, for joining us today on our fourth quarter and full year fiscal 2019 earnings announcement.

As the operator just mentioned, I'm Angie Park, Managing Director, Head of Investor Relations. On today's call, you will hear from Julie Sweet, our Chief Executive Officer, and KC McClure, our Chief Financial Officer.

We hope you've had an opportunity to review the news release we issued a short time ago. Let me quickly outline the agenda for today's call. Julie will begin with an overview of our results. KC will take you through the financial details, including the income statement and balance sheet, along with some key operational metrics for both the fourth quarter and full fiscal year. Julie will then provide a brief update on our market positioning before KC provides our business outlook for the first quarter and full fiscal year 2020. We will then take your questions before Julie provides a wrap-up at the end of the call.

Some of the matters we'll discuss on this call, including our business outlook, are forward-looking and as such are subject to known and unknown risks and uncertainties, including, but not limited to, those factors set forth in today's news release and discussed in our Annual Report on Form 10-K and Quarterly Report on Form 10-Q and other SEC filings. These risks and uncertainties could cause actual results to differ materially from those expressed in this call.

During our call today, we will reference certain non-GAAP financial measures which we believe provide useful information for investors. We include reconciliations of non-GAAP financial measures where appropriate to GAAP in our news release or in the Investor Relations section of our website at As always, Accenture assumes no obligation to update the information presented on this conference call.

Now let me turn the call over to Julie.

Julie Sweet

Thank you, Angie, and thanks, everyone, for joining us.

As a company and a leadership team, we focus every day on delivering on our commitments and creating value for our clients. And today we are proud to announce that we have delivered another year of outstanding financial results, meeting or exceeding each of the objectives we laid out in our initial fiscal '19 business outlook. And I know that Pierre, our Chairman and CEO, who passed away in January, would have been very proud of the accomplishments this year of our nearly 500,000 people, including more than 7,000 outstanding managing directors. I would like to add a special thank you to David Rowland for his inspiring and exceptional leadership during these past several months and to our