Dassault Systèmes’ Third Quarter Non-IFRS Software Revenue Up 8% with Non-IFRS New Licenses Revenue Growth of 12% in Constant Currencies

VÉLIZY-VILLACOUBLAY, France — (BUSINESS WIRE) — October 24, 2017 — Regulatory News:

Dassault Systèmes (Paris: DSY) (Euronext Paris: #13065, DSY.PA), announces IFRS unaudited financial results for the third quarter and nine months ended September 30, 2017. These results were reviewed by the Company’s Board of Directors on October 24, 2017. This press release also includes financial information on a non-IFRS basis with a reconciliation included in the Appendix to this communication.

Summary Third Quarter and Nine Months 2017 Highlights
(Unaudited; revenue in constant currencies)

  • Q3 New licenses and other software revenue up 12% at €175.2 million
  • Q3 software revenue up 8%, operating margin 32.0% and EPS €0.64, well aligned with guidance (all figures non-IFRS)
  • SOLIDWORKS non-IFRS software revenue up 16% in Q3 and 14% YTD
  • Cash flow from operations up 28% to €672 million YTD
  • SIMULIA extends advanced fluids analysis with Exa proposed acquisition
  • CATIA broadens its system engineering coverage with No Magic proposed acquisition
  • DS reconfirms 2017 new licenses revenue growth of 8-10% and recurring software growth of 6% in constant currencies; lowers EPS to €2.57-2.61 on five cent currency impact and total revenue growth to 6% (from 6 to 7% previously) in constant currencies on updated services outlook (all figures non-IFRS)

2017 Third Quarter and Nine Months Financial Summary
(Unaudited)

     
In millions of Euros, except per share data   IFRS
  Q3 2017   Change   Change in cc*   YTD 2017   Change   Change in cc*
Total Revenue   751.4   2%   6%   2,317.6   6%   6%
Software Revenue   669.1   3%   8%   2,057.8   7%   7%
Operating Margin   21.3%           19.4%        
EPS   €0.41   -7%       €1.22   3%    
     
In millions of Euros, except per share data   Non-IFRS
  Q3 2017   Change   Change in cc*   YTD 2017   Change   Change in cc*
Total Revenue   €752.9   2%   6%   €2,329.2   7%   7%
Software Revenue   670.6   4%   8%   2,069.4   7%   7%
Operating Margin   32.0%           29.4%        
EPS   €0.64   2%       €1.79   5%    

1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15  Next Page »



© 2024 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us
ShareCG™ is a trademark of Internet Business Systems, Inc.

Report a Bug Report Abuse Make a Suggestion About Privacy Policy Contact Us User Agreement Advertise