Highlights
Dassault Systèmes Q3 and YTD Total Revenue and EPS Growth Up Double-digits; On Track for 5-year Doubling of non-IFRS EPS to €3.50 for 2019
2019 3rd QUARTER and NINE MONTHS RESULTS
- Q3 non-IFRS basis: total revenue €914 million, up 10%, EPS €0.78, up 20% or 16% at constant currency
- YTD non-IFRS organic basis: total revenue up 9%, driven by recurring software up 9%
- 3DEXPERIENCE non-IFRS software revenue up 32% at constant currency YTD, represents 27% of related non-IFRS software
- Cash flow from operations up 34%, crossing €1.00 billion milestone YTD
- Toyota Motor Corporation adopts 3DEXPERIENCE platform
- Poised to Reach Five-Year Goal of Doubling non-IFRS EPS to €3.50 in 2019; Reaffirming 2019 non-IFRS Total revenue up 10% to 11% in constant currency; updating non-IFRS EPS to €3.50-€3.55, up 12%-14% before Medidata Solutions Inc. (“Medidata”)
- Medidata acquisition completion expected in the coming days
Q4 and FY 2019 FINANCIAL OBJECTIVES
- 19Q4 non-IFRS revenue objective: €1.172 to €1.212 billion, growing +15% to +19% in constant currencies
- Non-IFRS operating margin objective: 33.0% to 33.5%
- Non-IFRS EPS objective: €1.05 to €1.10 ranging from -1% to +4%
19FY non-IFRS revenue objective: €4.015 to €4.055 billion
Non-IFRS operating margin objective: about 32.0%
Non-IFRS EPS objective: €3.52 to €3.57 growing +13% to +14%