Highlights
Dassault Systèmes Reports First Half Revenue and EPS Growth Up Double-digits, Reaffirms 2019 Financial Objectives
2019 2nd QUARTER and H1 RESULTS
- Q2 total non-IFRS revenue and software revenue up 13% and 12%, respectively, at high end of Dassault Systèmes’ financial objectives
- On an organic basis, non-IFRS revenue up 10% & non-IFRS software revenue up 9% in Q2
- 3DEXPERIENCE non-IFRS software revenue up 40% in H1
- Solid Core and Diversification Industries performance for H1
- Cash flow from operations up 38% to €894 million for H1
- Dassault Systèmes and Medidata signed definitive acquisition agreement on June 12, 2019
- Confirming and Updating FY 2019 Financial Objectives: Targeting non-IFRS EPS of €3.45-3.50, well aligned with our five-years plan to double non-IFRS earnings per share in 2019
Q3 and FY 2019 FINANCIAL OBJECTIVES
- Q319 non-IFRS revenue objective: €890 to 905 million, growing 10 to 12% in constant currencies
- Non-IFRS operating margin: 29% to 30%
- Non-IFRS EPS €0.70 to 0.74 growing 8% to 14%
- FY19 Non-IFRS Revenue Objective: €3.880 to 3.910 billion, about +10-11% in constant currencies
- Non-IFRS Operating Margin Objective: about 32.5%
- Non-IFRS EPS Objective: €3.45-3.50, up 11%-12%