Dassault Systèmes Reports Record First Quarter Earnings and Reconfirms 2011 Financial Growth Objectives
Paris, France, April 27, 2011 - Dassault Systèmes (Euronext Paris: #13065, DSY.PA) reports IFRS unaudited financial results for the first quarter ended March 31, 2011. These results were reviewed by the Company’s Board of Directors on April 26, 2011.
Strong revenue, earnings and operating margin performance
New licenses revenue up 28% and recurring revenue up 32% (IRS and non-IFRS) in constant currencies
EPS up 59% to €0.51 (IFRS) and up 47% to €0.63 (non-IFRS)
2011 financial growth objectives reconfirmed, reported revenue range adjusted for currency
First quarter Version 6 contracts signed with automotive leaders BMW and Jaguar Land Rover and agricultural engineering leader CLAAS
Board of Directors’ recommends shareholders approve 17% increase in the cash dividend