SAP SE (NYSE:SAP)
$ 189.96 -0.09 (-0.05%) Market Cap: 221.73 Bil Enterprise Value: 217.68 Bil PE Ratio: 40.99 PB Ratio: 4.79 GF Score: 82/100

Q4 2019 SAP SE Earnings Call Transcript

Jan 28, 2020 / 01:00PM GMT
Release Date Price: $132.46 (-2.78%)
Operator

Ladies and gentlemen, good day and welcome to the SAP Q4 2019 Earnings Conference Call. Today's conference is being recorded.

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

Good morning or good afternoon. This is Stefan Gruber. Thank you for joining us to discuss our results for the fourth quarter of 2019. I'm joined by our Co-CEOs, Jennifer Morgan and Christian Klein, as well as our CFO, Luka Mucic, who will make opening remarks on the call today. Also joining us for Q&A is Ryan Smith, the 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 facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as anticipate, believe, estimate, expect, forecast, intend, may, plan, project, predict, short outlook and will

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