Highlights
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
SECOND QUARTER PERFORMANCE (figures in constant currencies)
- Non-IFRS revenue up 6% at €810.6m, non-IFRS software revenue up 7%
- Non-IFRS new licences revenue up 8%
- Non-IFRS EPS up 9% at €0.62
- Diversification Industries representing 33% of non-IFRS software revenue progressing two percentage points
- Boeing will expand its deployment of Dassault Systèmes’ products across its commercial aviation, space and defense programs to include DS’ 3DEXPERIENCE platform
FIRST HALF PERFORMANCE (figures in constant currencies)
- Non-IFRS revenue up 7% at €1,576.3m
- Non-IFRS operating margin at 28.2%, down 20 basis points on investment effort and acquisition dilution acquisitions
- Non-IFRS EPS of €1.15 increased 6% or 12% excluding a 5 cents impact from a reversal of tax reserves in the 2016 First Half
- H1 SOLIDWORKS non-IFRS software revenue up 13%
- Strong cash-flow from operations, up 32% at €592 million in H1
UPDATING FINANCIAL OBJECTIVES 2017 ON CURRENCY UNFAVORABLE EVOLUTION
- 2017 non-IFRS financial objectives updated: Confirming revenue growth at constant currency objective, updating reported revenue range and EPS for currency weakness
- Perspective of a 2-digits non-IFRS new licenses revenue growth for H2 2017
- 2017 Non-IFRS revenue objective: €3.240 to €3.265 billion euros, about 6% to 7% growth in constant currencies
- Non-IFRS operating margin objective of about environ 31.5% (unchanged)
- Non-IFRS EPS objective: €2.62-€2.66, about 5% to 7% growth