Highlights
Dassault Systèmes: Strong Second Quarter Results
with Broad-Based Momentum,
Reaffirming 2023 Objectives
(unaudited, IFRS and non-IFRS unless otherwise noted,
all revenue growth rates in constant currencies)
- 2Q23: Total revenue and software revenue increased 8%, well aligned with objectives, driven by recurring revenue, up 9%;
- 2Q23: Upfront licenses up 6%, driven by broad-based momentum;
- 2Q23: Non-IFRS Operating Margin[1] of 31.0%, outperforming the objective, while continuing to invest to support future growth;
- 2Q23: Non-IFRS Diluted EPS[2] up 7% to €0.28 as reported, or 15% in constant currencies, at the higher end of the objective range;
- FY2023: Reaffirming objectives of diluted EPS reaching €1.18-€1.20 and revenue growth of 8-9%.
[1] IFRS Operating Margin: 17.9%
[2] IFRS diluted EPS up 78% at €0.17