Highlights
Dassault Systèmes Reports First Quarter Financial Results With Recurring Software, Operating Margin and EPS At the High End of Its Non-IFRS Guidance
2020 1st QUARTER RESULTS
- Q1 non-IFRS basis: total revenue €1.14 billion, operating margin 29.2%, EPS €0.95, up 9%
- Q1 non-IFRS recurring software revenue 83% of total software
- Q1 Cash flow from operations of €458 million
- Board of Directors proposes annual dividend of €0.70 for the 2019 FY
- 2020 non-IFRS financial framework: Targeting Stable YoY 2020 non-IFRS EPS of about €3.65
Q2 & 2020 FINANCIAL OBJECTIVES
2nd Quarter
- Non-IFRS Revenue Objective: €1.04 to 1.07 billion, growing about +9 to 12% in constant currencies
- Non-IFRS Operating Margin Objective: about 25% to 26.5%
- Non-IFRS EPS objective €0.72 to 0.77, ranging from -12% to -6%
Year 2020
- Non-IFRS Revenue Objective: €4.50 to 4.55 billion, growing about +12 to 13% in constant currencies
- Non-IFRS Operating Margin Objective: about 29.5%
- Non-IFRS EPS objective €3.65-3.72, ranging from 0% to +2%