Highlights
Dassault Systèmes Reports Strong Third Quarter Operational Performance,
Confirms its 2020 non-IFRS EPS Objective
Q3 & 9-MONTH 2020 RESULTS
- On a non-IFRS basis: Q3 EPS of €0.80 and Operating Margin of 28.2%, respectively at the high-end and above objectives
- Non-IFRS organic recurring revenue up 4% in Q3 and YTD
- Mainstream Innovation non-IFRS software revenue up 9% in Q3
- 3DEXPERIENCE non-IFRS software revenue increases 6% in Q3
- Medidata delivers double-digit non-IFRS revenue growth on a comparable basis in Q3 and YTD
- YTD cash flow from operations at €1 billion, stable with year-ago quarter
- Confirming 2020 non-IFRS EPS of €3.70 to €3.75, up 3% to 5% in constant currencies
Q4 & 2020 FINANCIAL OBJECTIVES
4th Quarter
- Non-IFRS Revenue Objective: €1.19 to 1.22 billion, growing about +2 to 4% in constant currencies
- Non-IFRS Operating Margin Objective: about 34.6% to 35.2%
- Non-IFRS EPS objective: €1.15 to €1.20, ranging from -4% to -0%
Year 2020
- Non-IFRS Revenue Objective: €4.44 to 4.46 billion, growing about +11 to 12% in constant currencies
- Non-IFRS Operating Margin Objective: about 29.8% to 30.0%
- Non-IFRS EPS objective: €3.70-3.75, ranging from 1% to +3%