CGI Group Inc. F1Q09 (Qtr End 01/27/08) Earnings Call Transcript

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2009-01-27 22:16:12.0

Tags: Performance, Call, Call Transcript, CGI Group Inc., Earnings, GAAP, Performance Management, Financial Accounting, Finance, Human Resources, Workforce Management, Seeking Alpha

Earnings Call Excerpt

CGI Group Inc. (GIB)

F1Q09 Earnings Call Transcript

January 27, 2009 at 9:30 am ET

Executives

Lorne Gorber - Vice President and Investor Relations

Michael Roach - President and Chief Executive Officer

David Anderson - Executive Vice President and Chief Financial Officer

Analysts

Richard Tse - National Bank Financial

Scott Penner - TD Newcrest

Paul Steep - Scotia Capital

Jason Kupferberg - UBS

Mike Abramsky - RBC Capital Market

Ralph Garcea - Haywood Securities Inc.

Steven Li - Raymond James

Eric Bernofsky - Desjardins Securities

Presentation

Operator

All participants please standby, your meeting is ready to begin.

Good morning ladies and gentlemen, welcome to the CGI first quarter 2009 result conference call. Please be advised that this call is being recorded. I would now like to turn the meeting over to Mr. Lorne Gorber, Vice President, Global Communications and Investor Relations. Please go ahead Mr. Gorber.

Lorne Gorber

Thank you, Jenny and good morning everyone. With me to discuss the first quarter of fiscal 2009 are Michael Roach, our President and CEO and David Anderson, Executive Vice President and CFO. This call was being broadcast on CGI.com and recorded live at 9:30 am on January 27th.

Supplemental slides as well as the press release we issued earlier this morning are also available for download along with our Q1 MD&A, financial statement and accompanying notes, each of which are being filed with both SEDAR and Edgar. Please note that some statements made on the call maybe forward looking. Actual events or results may differ materially from those expressed or implied and CGI disclaims any intent or obligation to update or revise any forward looking statement whether it is a result of new information, future events or otherwise.

We report our financial results in accordance with Canadian GAAP, but we do discuss non-GAAP performance measures, which should be viewed as supplemental. The MD&A contains definition of each non-GAAP performance indicators used in our reporting. All of the figures expressed on this call are from continuing operations and in Canadian dollar unless otherwise noted.

I will turn the call over to David first to review the quarter’s results and then to Michael to discuss strategic highlights of the quarter before making a few concluding remarks.

Before turning the call to David, a reminder that our annual meeting is scheduled for 11 AM this morning, so our comments will be brief to leave as much time as possible for Q&A but we will have to limit the call to about 45 minutes. David?

 

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