VÉLIZY-VILLACOUBLAY, France — (BUSINESS WIRE) — July 24, 2017 — Dassault Systèmes (Paris: DSY) (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 second quarter and six months ended June 30, 2017. These results were reviewed by the Company’s Board of Directors on July 24, 2017.
Summary Second Quarter and First Half 2017 Highlights
(Unaudited; revenue figures in constant currencies; non-IFRS)
- Q2 results well aligned with Dassault Systèmes guidance: software revenue up 7%, new licenses revenue up 8%, operating margin of 30.1% and EPS at €0.62, up 9%
- Q2 SOLIDWORKS software revenue up 14% on multiple global demand drivers
- Strong cash-flow from operations, up 32% at €592 million in H1
- 2017 non-IFRS financial objectives updated: Confirming revenue growth constant currency objective, updating reported revenue range and EPS in euros for currency weakness
- Boeing will expand its deployment of Dassault Systèmes’ products across its commercial aviation, space and defense programs to include DS’ 3DEXPERIENCE platform
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2017 Second Quarter and First Half Financial Highlights (Unaudited) |
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|
In millions of Euros, except per share data |
IFRS | Non-IFRS | |||||||||||
| Change | Change in cc* | Change | Change in cc* | ||||||||||
| Q2 2017 Total Revenue |
806.4 |
7% | 6% |
810.6 |
8% | 6% | |||||||
| Q2 2017 Operating Margin |
21.0% |
30.1% |
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| Q2 2017 EPS |
0.48 |
23% |
0.62 |
9% | |||||||||
|
In millions of Euros, except per share data |
IFRS | Non-IFRS | |||||||||||
| Change | Change in cc* | Change | Change in cc* | ||||||||||
| YTD 2017 Total Revenue |
1,566.2 |
8% | 6% |
1,576.3 |
9% | 7% | |||||||
| YTD 2017 Operating Margin |
18.4% |
28.2% |
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| YTD 2017 EPS |
0.81 |
9% |
1.15 |
6% | |||||||||
|
*In constant currencies |
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Bernard Charlès, Dassault Systèmes’ Vice Chairman and Chief Executive Officer commented, “In the second quarter, we entered into a new and expanded strategic partnership with Boeing. This agreement spans Boeing’s Commercial Aircraft, Space and Defense divisions, with Boeing adopting the
3D EXPERIENCE Platform for Manufacturing Operations Management and Product Lifecycle Management and extending our software usage for design, engineering simulation and digital manufacturing software.
