Highlights
Dassault Systèmes Reports First Quarter Revenue and EPS Growth Up Double-digits, Reaffirms 2019 Financial Objectives and Updates for Currency
2019 1st QUARTER and FY RESULTS
- On an organic basis, Q1 non-IFRS total revenue, software revenue and recurring software revenue up 8%; licenses & other software up 9%, all at constant currency
- 3DEXPERIENCE software revenue up 26% at constant currency
- Cash flow from operations up 20% to €489 million
- Board of Directors proposes 12% increase in annual dividend to €0.65 for the 2018 FY
- BHP and Dassault Systèmes sign long-term partnership, with BHP adopting the 3DEXPERIENCE platform
2019 FINANCIAL OBJECTIVES
- Non-IFRS Revenue Objective: €3.845 to 3.875 billion, about +10-11% in constant currencies
- Non-IFRS Operating Margin Objective: about 32 to 32.5%
- Reaffirms FY Objectives & updates for currency: non-IFRS EPS €3.40-3.45, up 9%-11%