Earnings

Fiscal Year 2017, Quarter 2

SECOND QUARTER 2017 FINANCIAL SUMMARY
Dassault Systèmes Delivers Q2 Software Revenue and EPS at the High-end of its Objectives and Signs with Boeing a New and Expanded Historic Partnership Agreement

 

SECOND QUARTER PERFORMANCE (figures in constant currencies)

 

  • Non-IFRS revenue up 6% at €810.6m, non-IFRS software revenue up 7%
  • Non-IFRS new licences revenue up 8%
  • Non-IFRS EPS up 9% at €0.62
  • Diversification  Industries representing 33% of non-IFRS software revenue progressing two percentage points
  • Boeing will expand its deployment of Dassault Systèmes’ products across its commercial aviation, space and defense programs to include DS’ 3DEXPERIENCE platform

 

FIRST HALF PERFORMANCE (figures in constant currencies)

 

  • Non-IFRS revenue up 7% at €1,576.3m
  • Non-IFRS operating margin at 28.2%, down 20 basis points on investment effort and acquisition dilution acquisitions
  • Non-IFRS EPS of €1.15 increased 6% or 12% excluding a 5 cents impact from a reversal of tax reserves in the 2016 First Half
  • H1 SOLIDWORKS non-IFRS software revenue up 13%
  • Strong cash-flow from operations, up 32% at €592 million in H1

 

UPDATING FINANCIAL OBJECTIVES 2017 ON CURRENCY UNFAVORABLE EVOLUTION

 

  • 2017 non-IFRS financial objectives updated: Confirming revenue growth at constant currency objective, updating reported revenue range and EPS for currency weakness
  • Perspective of a 2-digits non-IFRS new licenses revenue growth for H2 2017
  • 2017 Non-IFRS revenue objective: €3.240 to €3.265 billion euros, about 6% to 7% growth in constant currencies
  • Non-IFRS operating margin objective of about environ 31.5% (unchanged)
  • Non-IFRS EPS objective: €2.62-€2.66, about 5% to 7% growth

Other report this year