SAP AG (ADR) (SAP) CEO Discusses Q2 2013 Results - Earnings Call Transcript

Jul. 18, 2013 12:10 PM ETSAP SE (SAP)
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SAP AG (ADR) (NYSE:SAP) Q2 2013 Earnings Call July 18, 2013 8:00 AM ET


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, Head of Development for the SAP Business Suite, General Manager of Industry Solutions, Corporate Officer, Member of Executive Board and Member of Global Managing Board

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


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

Brad A. Zelnick - Macquarie Research

Ross MacMillan - Jefferies & Company, Inc., Research Division

Stacy Pollard - JP Morgan Chase & Co, Research Division

Adam Wood - Morgan Stanley, Research Division

Philip Winslow - Crédit Suisse AG, Research Division


Ladies and gentlemen, thank you for standing by. Welcome to the SAP 2013 Second 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 very much. Good morning or good afternoon. This is Stefan Gruber, SAP Investor Relations. Thank you for joining us to discuss SAP's results for the second quarter 2013. I'm joined by co-CEOs, Bill McDermott and Jim Hagemann Snabe; and our CFO, Werner Brandt. Bill and Jim will begin the call with remarks on this quarter's performance, and then Werner will review the financial highlights. Then, we have time for Q&A.

Before they get started, I want to say a few words about forward-looking statements. Any statement 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

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