Highlights
Dassault Systèmes reports Q3 and YTD EPS up double-digits and reaffirms 2018 growth objectives
Q318 FINANCIAL PERFORMANCE:
- 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)
2018 FINANCIAL OBJECTIVES REAFFIRMED (IAS 18 non-IFRS):
- Q4 2018 total revenue objective of about €982 million to €1.00 billion growing about 9% to 11% in constant currencies; IAS 18 non-IFRS EPS of about €0.96 to €1.00, representing growth of 8% to 12%
- FY 2018 targeting 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%