Dassault Systèmes Reports Q1 Non-IFRS Total Revenues at High End of Guidance and Reaffirms 2016 Financial Objectives

VÉLIZY-VILLACOUBLAY, France — (BUSINESS WIRE) — April 20, 2016 — Regulatory News:

Dassault Systèmes (Euronext Paris: #13065, DSY.PA), the 3DEXPERIENCE Company, world leader in 3D design software, 3D Digital Mock Up and Product Lifecycle Management (PLM) solutions, today announced IFRS unaudited financial results for the first quarter ended March 31, 2016. These results were reviewed by the Company’s Board of Directors on April 20, 2016.

Summary Highlights
(unaudited)

  • Q1 non-IFRS total revenue of €693.5 million, DS guidance of €685-695 million
  • Q1 non-IFRS EPS €0.51, includes 5 cents related to tax reserve reversal
  • Q1 non-IFRS recurring revenue up 8% exfx, representing 74% of software revenue
  • Q1 net operating cash flow of €309 million, up 17%
  • 3DEXPERIENCE new licenses revenue up 33% exfx in the first quarter
  • 2016 financial objectives reaffirmed
  • Board of Directors proposes 9% increase in annual dividend for the 2015 fiscal year

2016 First Quarter Financial Highlights

(unaudited)

         
In millions of Euros, except per share data   IFRS   Non-IFRS
        Change  

Change in

cc*

      Change  

Change in

cc*

Q1 Total Revenue   691.4   6%   6%   693.5   4%   5%
Q1 Operating Margin   17.7%           26.2%        
Q1 EPS   0.35   30%       0.51   19%    

*In constant currencies

“3DEXPERIENCE adoption continues to accelerate as companies see the power of the platform and the value of our solutions,” commented Bernard Charlès, Dassault Systèmes President and Chief Executive Officer.

“This quarter was very dynamic for 3DEXPERIENCE, with several customer wins demonstrating our 3DEXPERIENCE platform’s ability to manage complexity and diversity, a growing concern for our clients. This is a common factor in many verticals and was well illustrated by our wins at IPSEN, DCNS and ERICSSON, where our capability to integrate complex systems with one platform was a key differentiator.”

“In addition, ENOVIA combined with the 3DEXPERIENCE platform, demonstrated its ability to address our customers critical business requirements. As a result, ENOVIA grew nicely both in revenue and market footprint with key competitive wins.”

“Importantly, our research and development talents, representing over 40% of our people resources, are at the core of bringing our vision and strategy to market. Among this group is our long-standing 3DPLM joint venture, where we announced plans recently to fully integrate within Dassault Systèmes and we look forward to warmly welcoming them later this year.”

2016 First Quarter Financial Summary

(unaudited)

                         
In millions of Euros, except per share data   IFRS   Non-IFRS
        Change   Change in cc*       Change   Change in cc*
Q1 Total Revenue   691.4   6%   6%   693.5   4%   5%
Q1 Software Revenue   612.1   6%   6%   613.9   4%   4%
Q1 Service & other Revenue   79.3   8%   8%   79.6   7%   7%
Q1 Operating Margin   17.7%           26.2%        
Q1 EPS   0.35   30%       0.51   19%    
                         
                         
Revenue In millions of Euros   IFRS   Non-IFRS
    Q1 2016   Q1 2015   Change in cc*   Q1 2016   Q1 2015   Change in cc*
Americas   215.3   197.4   8%   216.5   204.3   4%
Europe   292.3   282.5   6%   292.8   287.0   4%
Asia   183.8   171.6   7%   184.2   173.8   5%

1 | 2 | 3 | 4 | 5 | 6 | 7  Next Page »
Featured Video
Jobs
Senior Principal Software Engineer for Autodesk at San Francisco, California
Machine Learning Engineer 3D Geometry/ Multi-Modal for Autodesk at San Francisco, California
Principal Engineer for Autodesk at San Francisco, California
Equipment Engineer, Raxium for Google at Fremont, California
Manufacturing Test Engineer for Google at Prague, Czechia, Czech Republic
Mechanical Test Engineer, Platforms Infrastructure for Google at Mountain View, California
Upcoming Events
World Architecture Festival 2024 at Marina Bay Sands Singapore - Nov 6 - 8, 2024
Dimensions User Conference 2024 at The Venetian Resort Las Vegas NV - Nov 11 - 13, 2024
Greenbuild 2024 at Pennsylvania Convention Center Philadelphia PA - Nov 12 - 15, 2024
Digital Construction North (DCN) 2024 at Manchester Central. Manchester United Kingdom - Nov 13, 2024



© 2024 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
TechJobsCafe - Technical Jobs and Resumes EDACafe - Electronic Design Automation GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise