Dassault Systèmes Reports Q1 Non-IFRS Total Revenues at High End of Guidance and Reaffirms 2016 Financial Objectives
Dassault Systèmes Reports Q1 Non-IFRS Total Revenues at High End of Guidance and Reaffirms 2016 Financial Objectives
April 21, 2016 at 5:18 PM CEST
VÉLIZY-VILLACOUBLAY, France — April 21, 2016 —Dassault Systèmes (Euronext Paris: #13065, DSY.PA), the 3DEXPERIENCE Company, world leader in 3D design software, 3D Digital Mock Up and Product Lifecycle Management (PLM) solutions, today announced IFRS unaudited financial results for the first quarter ended March 31, 2016. These results were reviewed by the Company’s Board of Directors on April 20, 2016.
Summary Highlights
(unaudited)
- Q1 non-IFRS total revenue of €693.5 million, DS guidance of €685-695 million
- Q1 non-IFRS EPS €0.51, includes 5 cents related to tax reserve reversal
- Q1 non-IFRS recurring revenue up 8% exfx, representing 74% of software revenue
- Q1 net operating cash flow of €309 million, up 17%
- 3DEXPERIENCE new licenses revenue up 33% exfx in the first quarter
- 2016 financial objectives reaffirmed
- Board of Directors proposes 9% increase in annual dividend for the 2015 fiscal year