Dassault Systèmes Reports Q3 and YTD EPS Up Double-Digits and Reaffirms 2018 Growth Objectives

VÉLIZY-VILLACOUBLAY, France — (BUSINESS WIRE) — October 23, 2018Dassault Systèmes (Paris: DSY) (Euronext Paris: #13065, DSY.PA), announces IFRS unaudited financial results for the third quarter and nine months ended September 30, 2018. These results were reviewed by the Company’s Board of Directors on October 23, 2018. The Company has adopted IFRS 15 as of January 1, 2018. This press release includes 2018 third quarter and nine-month 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.

Third Quarter and Nine Months 2018 Highlights and Financial Summary
(Unaudited, with references to IAS 18 data, revenue growth at constant currency)

  • Q3 well aligned with Dassault Systèmes’ non-IFRS IAS 18 objectives: total revenue up 10% and software revenue up 9% at constant currency, operating margin at 30.9%, EPS up 11% at €0.71
  • Organic licenses revenue growth well in line, up 8% YTD at constant currency (non-IFRS IAS 18)
  • 3DEXPERIENCE software revenue up 19% YTD at constant currency (non-IFRS IAS 18)
  • YTD software revenue up strongly in Transportation & Mobility; Energy, Process & Utilities; Consumer Goods and CPG-Retail; Marine & Offshore; Natural Resources; and Architecture, Engineering & Construction (non-IFRS IAS 18)
  • Cash flow from operations up 11% YTD to €747 million (IAS 18)
  • On an IAS 18, non-IFRS basis: targeting FY 2018 total revenues of €3.425 – €3.450 billion, up 9% to 10% at constant currency and EPS of €2.98 to €3.02, up 11% to 13%
       

In millions of Euros,
except per share data

IFRS under
IFRS15

IFRS under IAS18

IFRS under
IFRS15

IFRS under IAS18
Q3 2018 Q3 2018   Change   Change in cc*   YTD 2018 YTD 2018   Change   Change in cc*
Total Revenue 804.5 826.9   10%   9% 2,450.9 2,433.5   5%   9%
Software Revenue 711.2 733.7   10%   9% 2,186.4 2,169.1   5%   10%
Operating Margin 18.9% 21.1%   -0.2pts     20.4% 19.8%   +0.4pts    
EPS 0.43 0.49   20%     1.45 1.41   16%    
                         

In millions of Euros,
except per share data

Non-IFRS under
IFRS15

Non-IFRS under IAS18  

Non-IFRS under
IFRS15

Non-IFRS under IAS18
Q3 2018 Q3 2018   Change   Change in cc*   YTD 2018 YTD 2018   Change   Change in cc*
Total Revenue 809.2 831.7   10%   10% 2,460.5 2,443.1   5%   9%
Software Revenue 715.5 738.0   10%   9% 2,195.6 2,178.2   5%   9%
Operating Margin 28.9% 30.9%   -1.1pts     29.9% 29.4%   -0.0pts    
EPS 0.65 0.71   11%   11% 2.06 2.01   12%   19%

*In constant currencies.

 

1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28  Next Page »



Review Article Be the first to review this article

SolidCAM - Learn More

Featured Video
Editorial
Jobs
Geographical Information Systems Analyst for Saalex Solutions at Fallon, Nevada
Applications Programmer Analyst II for Southern Nevada Health District at Las Vegas, Nevada
Applications Programmer Analyst I for Southern Nevada Health District at Las Vegas, Nevada
Upcoming Events
Robotics Summit & Expo at Seaport World Trade Center 1 Seaport Lane Boston MA - Sep 24 - 25, 2020
DEVELOP 3D Live 2020 New Date November 3rd at Sheffield University ctagon and INOX Building, Durham Road Sheffield United Kingdom - Nov 3, 2020
Digital Twin 2020 - Now in November 2020 at Melbourne FL - Nov 4 - 5, 2020
Sensors Expo & Conference at McEnery Convention Center SAN JOSE CA - Nov 16 - 18, 2020



© 2020 Internet Business Systems, Inc.
25 North 14th Steet, Suite 710, San Jose, CA 95112
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation GISCafe - Geographical Information Services TechJobsCafe - Technical Jobs and Resumes ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise