SAP AG Management Discusses Q1 2013 Results - Earnings Call Transcript

Apr. 19, 2013 11:50 AM ETSAP SE (SAP)
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SAP AG (NYSE:SAP) Q1 2013 Earnings Call April 19, 2013 8:00 AM ET

Executives

Stefan Gruber - Vice President of Investor Relations

William R. McDermott - Co-Chief Executive Officer, Member of the Executive Board, Member of Global Managing Board, Chief Executive Officer of Global Field Operations and President of Global Field Operations

Jim Hagemann Snabe - Co-Chief Executive Officer, Member of Executive Board, Member of Global Managing Board, Corporate Officer, General Manager of Industry Solutions and Head of Development for The SAP Business Suite

Werner Brandt - Chief Financial Officer, Member of Executive Board and Member of Global Managing Board

Lars Dalgaard - Member of Executive Board and Member of Global Managing Board

Analysts

Stacy Pollard - JP Morgan Chase & Co, Research Division

Adam Wood - Morgan Stanley, Research Division

Philip Winslow - Crédit Suisse AG, Research Division

Gerardus Vos - Barclays Capital, Research Division

Michael Briest - UBS Investment Bank, Research Division

Richard G. Sherlund - Nomura Securities Co. Ltd., Research Division

Josep Bori - Exane BNP Paribas, Research Division

Operator

Ladies and gentlemen, thank you for standing by. Welcome to the SAP 2013 First Quarter Earnings Conference Call. [Operator Instructions]

I would now like to turn the conference over to Mr. Stefan Gruber. Please go ahead, sir.

Stefan Gruber

Thank you. Good morning or good afternoon. This is Stefan Gruber, SAP Investor Relations. Thank you for joining us to discuss SAP's results for the first quarter 2013. I'm joined by co-CEOs Bill McDermott and Jim Hagemann Snabe; our CFO, Werner Brandt; as well as Lars Dalgaard, Executive Board Member and CEO of SuccessFactors. Bill and Jim will begin the call with remarks on this quarter's performance, and then Werner will review the financial highlights. We'll then have time for Q&A.

Before they get started, I want to say

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