Highlights
Dassault Systèmes Delivers Strong 2021 Results,
With Fourth Quarter Well Aligned With Guidance
(Unaudited, all revenue growth rates in constant currencies, diluted EPS)
Q4 & FY 2021 Results
- 4Q21 IFRS EPS increased 15% to €0.18, non-IFRS EPS grew 17% to €0.29
- 4Q21 total revenue and software revenue increased 10%, with licenses & other software revenue up 15% and support & subscription up 8% (non-IFRS)
- FY21: IFRS EPS increased 56%, non-IFRS rose 26%; IFRS & non-IFRS total revenue grew 11%; IFRS software revenue rose 12%, non-IFRS software revenue was up 11%; non-IFRS operating margin of 34.3%
- FY21 non-IFRS 3DEXPERIENCE software revenue rose 15%, driven by strong subscription growth
- FY21 cash flow from operations increased 30% to €1.613 billion (IFRS)
- FY2022 non-IFRS objectives: revenue growth of 9%-10% to €5.30-€5.35 billion; EPS growth of 3%-6% to €0.98-€1.00
Q1 & FY 2022 Financial Objectives
1st Quarter
- Non-IFRS revenue objective: €1.275 - €1.300 billion, growing +7% to +9%
- Non-IFRS operating margin objective: 32.3% to 33.0%
- Non-IFRS EPS objective: €0.23 - €0.24 ranging from +3% to +7%
Year 2022
- Non-IFRS revenue objective: €5.300 - €5.350 billion, growing +9% to +10%
- Non-IFRS operating margin objective: 32.7 to 33.1%
Non-IFRS EPS objective: €0.98 - €1.00 ranging from +3% to +6%
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