Temenos AG (XSWX:TEMN)
CHF 62.95 -0.7 (-1.1%) Market Cap: 4.59 Bil Enterprise Value: 5.31 Bil PE Ratio: 36.58 PB Ratio: 9.92 GF Score: 80/100
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Q1 2021 Temenos AG Earnings Call Transcript

Apr 20, 2021 / 04:30PM GMT
Release Date Price: CHF144.7 (-1.30%)
Operator

Ladies and gentlemen, welcome to the Q1 2021 Results Conference Call and Live Webcast. I am Sandra, the Chorus Call operator. (Operator Instructions) The conference is being recorded. (Operator Instructions) The conference must not be recorded for publication or broadcast.

At this time, it's my pleasure to hand over to Mr. Max Chuard, CEO. Please go ahead, sir.

Max Chuard
Temenos AG - CEO & Member of the Executive Committee

Thank you, operator. Good afternoon, and thank you for joining today's call. I hope you've been able to access our results presentation on our website. As usual, I will start with some comments on our Q1 performance, and then I will hand over to Takis for an overview of the financials before giving some concluding remarks.

Starting on Slide 7. It was a great quarter and a strong start to the year. Banks are facing significant pressure in the end markets with new competitors and changing demands from the customers. And an increasing number of those banks are pushing ahead with IT transformation projects after the

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