Dassault Systèmes Delivers Q2 Software Revenue and EPS at the High-end of its Objectives and Signs with Boeing a New and Expanded Historic Partnership Agreement

VÉLIZY-VILLACOUBLAY, France — (BUSINESS WIRE) — July 24, 2017Dassault 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
 

2017 Second Quarter and First Half Financial Highlights

(Unaudited)

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%

       
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%

       
YTD 2017 EPS  

0.81

  9%      

1.15

  6%    

*In constant currencies

         
 

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