Highlights
Dassault Systèmes Reports 2021 First Quarter Results
Above the High End of Company Guidance
Q1 2021 RESULTS
- IFRS EPS of €0.66, up 54% and non-IFRS EPS of €1.14, up 20%, 28% in constant currencies
- On an organic basis, non-IFRS software revenue up 10%
- Non-IFRS licenses and other software revenue up 25%, on upside principally from China, North America and Northern Europe
- Non-IFRS software revenue: Mainstream Innovation up 20% on SOLIDWORKS and CENTRIC PLM; Life Sciences up 16% with strong MEDIDATA performance
- Cash flow from operations up 40% to €642 million
Q2 & 2021 FINANCIAL OBJECTIVES
2nd Quarter
- Non-IFRS Revenue Objective: €1.130 to 1.155 billion, growing about +12 to 14% in constant currencies
- Non-IFRS Operating Margin Objective: about 29.4% to 30.1%
- Non-IFRS EPS objective €0.94 to 0.98, ranging from +18% to +23%
Year 2021
- Non-IFRS Revenue Objective: €4.715 to 4.765 billion, growing about +9 to 10% in constant currencies
- Non-IFRS Operating Margin Objective: about 31.6% to 31.7%
- Non-IFRS EPS objective €4.24 to 4.28 ranging from +12% to +14%