CGI (GIB) Q3 2022 Earnings Call Transcript

For the period ending June 30, 2022

July 27, 2022 9:00 a.m. ET

Prepared Remarks

Questions and Answers

Call Participants

Prepared Remarks:

Operator

Good morning, ladies and gentlemen, and welcome to CGI's Third Quarter Fiscal 2022 Conference Call.

And I would like to turn the meeting over to Mr. Kevin Linder, SVP of Investor Relations. Please go ahead, sir.

Kevin Linder

Thank you, Sylvia, and good morning. With me to discuss CGI's Third Quarter Fiscal 2022 Results are George Schindler, our President and CEO; François Boulanger, Executive Vice President and CFO; and Steve Perron, Senior Vice President and Corporate Controller.

Effective October 1, and previously announced on May 27, François will assume the position of President and Chief Operating Officer, overseeing CGI's North American and Asia Pacific operations, excluding the U.S. Federal segment. Steve will assume the position of Executive Vice President and Chief Financial Officer. He joined CGI 23 years ago and held a number of senior finance roles before being named Corporate Controller in 2019. The appointments of François and Steve to their new roles reflect their deep understanding of CGI's business and of the IT services industry.

This call is being broadcast on cgi.com and recorded live at 9:00 a.m. Eastern Time on Wednesday, July 27, 2022. Supplemental slides as well as the press release we issued earlier this morning are available for download, along with our Q3 MD&A, financial statements and accompanying notes all of which have been filed with both SEDAR and EDGAR.

Please note that some statements made on the call may be 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 statements, whether as a result of new information, future events or otherwise. The complete safe harbor statement is available in both our MD&A and press release as well as on cgi.com. We recommend our investors read it in its entirety.

We are reporting our financial results in accordance with International Financial Reporting Standards or IFRS. As always, we will also discuss non-GAAP performance measures, which should be viewed as supplemental. The MD&A contains definitions of each one used in our reporting. All of the dollar figures expressed on this call are Canadian, unless otherwise noted.

I'll now turn it over to François to review our key financials, and then George will comment on our business and market outlook. George, François and Steve will then take questions. François?