Dassault Systèmes: 3DEXPERIENCE Sustaining Diversification Dynamic; 2014-2019 plan to Double non IFRS EPS Overachieved

VÉLIZY-VILLACOUBLAY, France — February 6th, 2020 — Dassault Systèmes (Euronext Paris: #13065, DSY.PA) announces IFRS unaudited financial results for the 4th quarter and year ended December 31st, 2019. These results were reviewed by the Group’s Board of Directors on February 5th, 2020.  This press release also includes financial information on a non-IFRS basis with reconciliations included in the Appendix to this communication. All IFRS and non-IFRS figures are presented in compliance with IFRS 15 and IFRS 16, which have been applied since January 1st, 2018 and January 1st, 2019, respectively.

 

Q4 and Fiscal Year 2019 Highlights and Financial Summary

(Unaudited, all revenue growth at constant currency)

  • Q4 & FY 2019: total revenue in line with guidance range
  • Q4 non-IFRS basis: total revenue €1.21 billion, operating margin 33.6%, EPS €1.20     
  • FY non-IFRS basis: total revenue up 13% to €4.06 billion, EPS up 17% (13% at constant currency) to €3.65
  • FY non-IFRS organic basis: recurring revenue up 8%, 200 basis points uplift over 2018**
  • FY 3DEXPERIENCE non-IFRS software revenue up 22% for 2019
  • FY Cash flow from operations up 32% to €1.19 billion
  • Appointment of Pascal Daloz as Chief Operating Officer & Chief Financial Officer
  • Initiating 2020 non-IFRS financial objectives:  Non-IFRS total revenue growth of 21-23% at constant currency; non-IFRS EPS growth of 14-15% to €4.15 to €4.20

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