NEWS: 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
VÉLIZY-VILLACOUBLAY, France — July 23, 2020 — Dassault Systèmes (Euronext Paris: #13065, DSY.PA) announces IFRS unaudited financial results for the second quarter and first half ended June 30, 2020. The Group’s Board of Directors reviewed these results on July 22, 2020. This press release also includes financial information on a non-IFRS basis with reconciliations with IFRS figures included in the Appendix to this communication.
Highlights and Financial Summary (Unaudited, revenue growth in constant currencies)
Q2 non-IFRS Operating Margin and non-IFRS EPS at high end of guidance reflecting 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
Medidata delivers double-digit non-IFRS revenue growth and strong non-IFRS operating margin uplift in H1, on a comparable basis
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)
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 www.3ds.com
Original news publication - Dassault Systemes Newsroom