Dassault Systèmes Raises EPS Guidance for 2018

VÉLIZY-VILLACOUBLAY, France — (BUSINESS WIRE) — July 24, 2018 — Regulatory News:

Dassault Systèmes (Paris: DSY) (Euronext Paris: #13065, DSY.PA), announces IFRS unaudited financial results for the second quarter and first half ended June 30, 2018. These results were reviewed by the Company’s Board of Directors on July 24, 2018. The Company has adopted IFRS 15 as from January 1, 2018. This press release includes 2018 second quarter and first half financial results under IFRS 15 as well as under the prior IAS 18 standard and includes a summary explanation of the major differences for the Company. In addition, this press release also includes financial information on a non-IFRS basis (both IFRS 15 and IAS 18) with reconciliations included in the Appendix to this communication.

Second Quarter and First Half 2018 Highlights and Financial Summary
(Unaudited, with references to IAS 18 data, revenue in constant currency)

  • Organic license and other software revenue up 8% in Q2 and 10% in H1 in constant currencies (IFRS IAS 18)
  • Q2 well aligned with Dassault Systèmes’ non-IFRS IAS 18 objectives, with software revenue up 9%, operating margin at 30.2%, EPS of €0.72 up 16% or 22% at constant currency
  • 3DEXPERIENCE software revenue up 22% in H1 at constant currency (IAS 18)
  • CATIA, SOLIDWORKS, ENOVIA and DELMIA deliver organic double digit license revenue growth in H1 at constant currency (IFRS and non-IFRS IAS 18)
  • Cash flow from operations up 9% in H1 to €645 million (IAS 18)
  • Completing majority ownership investment in Centric Software
  • Confirming and updating 2018 FY IAS 18 non-IFRS revenue objective for acquisitions and currency and upgrading FY EPS to €2.95 to €3.00 per diluted share, growth of 10% to 12% as reported or 15% to 17% at constant currency;
                 
In millions of Euros,

except per share data

IFRS under IFRS15 IFRS under IAS18 IFRS under IFRS15 IFRS under IAS18
  Q2 2018 Q2 2018   Change   Change in cc*   YTD 2018 YTD 2018   Change   Change in cc*
Total Revenue 827.8 837.3   4%   8% 1,646.4 1,606.6   3%   9%
Software Revenue 740.1 749.6   4%   9% 1,475.2 1,435.4   3%   10%
Operating Margin 20.4% 21.3%   +0.3pts     21.1% 19.1%   +0.7pts    
EPS 0.50 0.52   8%   14% 1.02 0.91   12%   22%
                         
In millions of Euros,

except per share data

Non-IFRS under IFRS15 Non-IFRS under IAS18 Non-IFRS under IFRS15 Non-IFRS under IAS18
  Q2 2018 Q2 2018   Change   Change in cc*   YTD 2018 YTD 2018   Change   Change in cc*
Total Revenue 830.7 840.3   4%   8% 1,651.3 1,611.4   2%   9%
Software Revenue 743.0 752.6   4%   9% 1,480.0 1,440.2   3%   9%
Operating Margin 29.4% 30.2%   +0.1pts     30.4% 28.7%   +0.5pts    
EPS 0.69 0.72   16%   22% 1.41 1.30   13%   23%

1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19  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
Business Development Manager for Berntsen International, Inc. at Madison, Wisconsin
Senior Principal Mechanical Engineer for General Dynamics Mission Systems at Canonsburg, Pennsylvania
Equipment Engineer, Raxium for Google at Fremont, California
Upcoming Events
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
Digital Twins 2024 at the Gaylord National Resort & Convention Center in, MD. National Harbor MD - Dec 9 - 11, 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