NEWS: Dassault Systèmes Reports Strong Third Quarter Operational Performance, Confirms its 2020 non-IFRS EPS Objective

VÉLIZY-VILLACOUBLAY, France — October 22, 2020 — Dassault Systèmes (Euronext Paris: #13065, DSY.PA) announces IFRS unaudited financial results for the third quarter and nine months ended September 30, 2020. The Group’s Board of Directors reviewed these results on October 21, 2020. This press release also includes financial information on a non-IFRS basis and reconciliations with IFRS figures in the Appendix to this communication.

Highlights and Financial Summary
(Unaudited, revenue growth in constant currencies)

  • On a non-IFRS basis: Q3 EPS of €0.80 at high end and Operating Margin of 28.2% above target
  • Non-IFRS organic recurring revenue up 4% in Q3 and YTD 
  • Mainstream Innovation non-IFRS software revenue up 9% in Q3
  • 3DEXPERIENCE non-IFRS software revenue up 6% in Q3
  • Medidata delivers double-digit non-IFRS revenue growth on a comparable basis in Q3 and YTD
  • YTD cash flow from operations at €1 billion, stable with year-ago quarter 
  • Confirming 2020 non-IFRS EPS of €3.70 to €3.75, up 3% to 5% in constant currencies

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 http://www.3ds.com


Original News Publication - Dassault Systemes Newsroom

Date - 22nd October, 2020


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