Highlights
Dassault Systèmes reports strong 3DEXPERIENCE-driven growth with Fourth Quarter total revenue up 13% and software revenue up 11% at constant currency
2018 4th QUARTER and FY RESULTS
- On an organic basis, Q4 total revenue up 10%, software revenue up 8%, license revenue up 11% and services revenue up 26% (IAS 18 exfx)
- Non-IFRS EPS above objectives at €1.10 (+24%) for Q4 and €3.11 (+20%) for FY
- Cash flow from operations up 21% to €899 million in 2018
- 3DEXPERIENCE software revenue up 24% in FY
- Asia and Europe lead Q4 and FY, with notable strength in Japan, China and Western Europe
- Airbus selects the 3DEXPERIENCE platform for its Global Enterprise Digital Transformation Program
- Acquisition of IQMS, a California based manufacturing ERP Software Company, for $425 million to extend the 3DEXPERIENCE platform to small and midsized manufacturing companies seeking to digitally transform their business operations
2019 FINANCIAL OBJECTIVES
- Non-IFRS Revenue Objective: €3.810 to 3.840 billion, about +10-11% in constant currencies
- Non-IFRS Operating Margin Objective: about 32 to 32.5%
- Non-IFRS EPS Objectives: €3.35-3.40, +9-11% in constant currency