HPE Announces Fiscal Year 2017 Outlook - Seite 4

Enterprise Services
In his presentation, Mike Nefkens, EVP and GM of Enterprise Services, provided highlights of the three-year turnaround of the business, specifically its stabilized revenue, higher win rates and doubled margins since FY13. He also discussed the upcoming spin-off and merger with CSC, which creates significant value for HPE shareholders and allows ES to accelerate its journey. The new combined CSC-ES will be the number one, independent, end-to-end IT services firm in the world.

Software
In his presentation, Chris Hsu, EVP and General Manager of Software, said HPE is on track to complete the spin-merge of its Software business with Micro Focus in the second half of fiscal year 2017. Ahead of the close of the transaction, HPE is focused on delivering on its financial commitments and making sure the Software business is set up for a smooth integration with Micro Focus. The combined entity will be one of the world's largest pure-play software companies with a broad portfolio of products and services to address the challenges IT and business leaders are facing.

Webcast details
A webcast of today's event, along with management presentations and other materials, is available on the Investor Relations website at investors.hpe.com.

This press release contains only a summary of some of the information being presented at today's event and should be read in conjunction with the management presentations and other materials made available on that website.

About Hewlett Packard Enterprise
Hewlett Packard Enterprise is an industry leading technology company that enables customers to go further, faster. With the industry's most comprehensive portfolio, spanning the cloud to the data center to workplace applications, our technology and services help customers around the world make IT more efficient, more productive and more secure.

Use of non-GAAP financial information
To supplement Hewlett Packard Enterprise's financial information presented on a generally accepted accounting principles (GAAP) basis, Hewlett Packard Enterprise provides forecasts of revenue adjusted for divestitures and currency, as well as non-GAAP operating margin, non-GAAP measure of earnings/loss from equity interests, non-GAAP income tax rate, non-GAAP diluted net earnings per share, free cash flow and normalized free cash flow financial measures. Reconciliations of these non-GAAP financial measures to the most directly comparable GAAP financial measures are included in the slides presented at the 2016 Securities Analyst Meeting, which will be available for a period of one year thereafter at http://hpe.com/investor/sam2016. In addition, an explanation of the ways in which Hewlett Packard Enterprise's management uses these non-GAAP measures to evaluate its business, the substance behind Hewlett Packard Enterprise's decision to use these non-GAAP measures, the material limitations associated with the use of these non-GAAP measures, the manner in which Hewlett Packard Enterprise's management compensates for those limitations, and the substantive reasons why Hewlett Packard Enterprise's management believes that these non-GAAP measures provide useful information to investors is included under "Use of non-GAAP financial measures" further below. This additional non-GAAP financial information is not meant to be considered in isolation or as a substitute for revenue, operating margin, diluted net earnings per share, cash flow from operations in accordance with GAAP.