SAP SE O.N. (NYSE:SAP) Q3 2019 Earnings Conference Call - Final Transcript
Oct 21, 2019 • 08:00 am ET
Good day, ladies and gentlemen, and welcome to the SAP Quarter Three 2019 Earnings Conference Call. [Operator Instructions]
At this time, I would like to turn the conference over to Mr. Stefan Gruber, Head of Investor Relations. Please go ahead, sir.
Thank you. Good morning or good afternoon. This is Stefan Gruber, Head of Investor Relations. Thank you for joining us to discuss our results for the third quarter 2019.
I'm joined by our new Co-CEOs Jennifer Morgan and Christian Klein; as well as Luka Mucic, our CFO, who will make opening remarks on the call today. Also joining us for Q&A is Executive Board member Adaire Fox-Martin, President of our Global Customer Operations; and Ryan Smith, CEO of Qualtrics.
Before we get started, I would like to say a few words about forward-looking statements and our use of non-IFRS financial measures. Any statements made during this call that are not historical fact are forward-looking statements as defined in the US Private Securities Litigation Reform Act of 1995. Words such as anticipate, believe, estimate, expect, forecast, intent, may, plan, project, predict, should, outlook, and will, and similar expressions as they relate to SAP are intended to identify such forward-looking statements. SAP undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations.
The factors that could affect SAP's future financial results are discussed more fully in our recent filings with the US Securities and Exchange Commission, including SAP's annual report on Form 20F for 2018, filed with the SEC on February 28, 2019. Participants of this call are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their date.
On our investor relations website, you can find our quarterly statement and a financial summary slide deck, both documents are intended to supplement our prepared remarks today and include a reconciliation from our non-IFRS numbers to IFRS numbers. Unless otherwise noted, all financial numbers referred to on this conference call are non-IFRS and growth rates and percentage point changes are non-IFRS, as reported year-over-year. The non-IFRS financial measures we provide should not be considered as a substitute for or superior to the measures of financial performance prepared in accordance with IFRS.
And finally, just a reminder, today's call is focused on our Q3 earnings results. In three weeks on November 12th, we will hold our special Capital Markets Day in New York City, but will provide more color on our growth strategy and mid-term revenue and margin ambitions.
And with that, I'd like to turn things over to our Co-CEO, Jennifer Morgan.
Thank you, Stefan. Good morning and thanks to everyone for joining today's call. First, I'd like to thank Hasso Plattner on the Supervisory Board for their trust and honor of leading this Company forward together with Christian Klein, CEO. It's an honor to help write SAP's next chapter and follow Bill.
Before I begin,