NEWS: Dassault Systèmes Reports 2020 Fourth Quarter Results At the High End or Above Company Guidance

VÉLIZY-VILLACOUBLAY, France — February 4, 2021 — Dassault Systèmes (Euronext Paris: #13065, DSY.PA) announces IFRS unaudited financial results for the fourth quarter and year ended December 31, 2020. The Group’s Board of Directors reviewed these results on February 3, 2021. This press release also includes financial information on a non-IFRS basis and reconciliations with IFRS figures in the Appendix to this communication. 

Highlights
(Unaudited, all revenue growth in constant currencies)

  • Q4 benefited from large deal activity on both a license and subscription basis
  • FY IFRS EPS of €1.86 and non-IFRS EPS of €3.77 
  • FY Recurring Revenue up 27% to €3.2 billion, 80% of total software (IFRS and non-IFRS)
  • Cash flow from operations up 5% to €1.24 billion for 2020 
  • Strong MEDIDATA performance: revenues, customer growth, and backlog for 2021
  • DS initiates 2021 non-IFRS financial objectives: total revenue up 9% to 10% at constant currency and EPS of €4.10 to €4.15, up 13% to 14% at constant currency

About Dassault Systèmes

Dassault Systèmes, the 3DEXPERIENCE Company, is a catalyst for human progress. We provide business and people with collaborative virtual environments to imagine sustainable innovations. By creating ‘virtual experience twins’ of the real world with our 3DEXPERIENCE platform and applications, our customers push the boundaries of innovation, learning and production. 

Dassault Systèmes’ 20,000 employees are bringing value to more than 270,000 customers of all sizes, in all industries, in more than 140 countries. For more information, visit https://www.3ds.com


Original News Publication - Dassault Systemes Newsroom

Date - 4th February, 2020


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