Highlights
Dassault Systèmes Reports Financial Results Well Aligned with its Guidance, IFRS and non-IFRS Total Revenue up 11% in Q2,
Reaffirms its 2020 non-IFRS EPS Objective
Q2 & H1 2020 RESULTS
- Q2 non-IFRS Operating Margin and non-IFRS EPS on high end of guidance on strong operational performance
- Q2 IFRS and non-IFRS total revenue up 10% in constant currencies; non-IFRS recurring software up 30% with Medidata and solid organic support renewals
- Q2 Cash flow from operations of €397 million, with H1 at €855 million
- On a comparable basis, Medidata delivers double-digit non-IFRS revenue growth and strong non-IFRS operating margin uplift in H1
- Acquisition of Proxem, specialist in AI-based information semantic processing expanding our collaborative data sciences offer
- Confirming FY 2020 Financial Framework with an Objective of 2020 non-IFRS EPS reaching about €3.70 to 3.75 (€3.65 for FY 2019)
Q3 & FY 2020 FINANCIAL OBJECTIVES
Q3 2020
- Non-IFRS Revenue Objective: €1.05 to 1.08 billion, growing about +18 to 21% in constant currencies
- Non-IFRS Operating Margin Objective: about 26.0% to 26.5%
- Non-IFRS EPS objective €0.75 to 0.80, ranging from -4% to +3%
FY 2020
- Non-IFRS Revenue Objective: €4.51 to 4.56 billion, growing about +12 to 13% in constant currencies
- Non-IFRS Operating Margin Objective: about 29.3% to 29.4%
Non-IFRS EPS objective €3.70-3.75, ranging from 1% to +3%