VÉLIZY-VILLACOUBLAY, France — June 10, 2016 — Dassault Systèmes (Euronext Paris: #13065, DSY.PA), the 3DEXPERIENCE Company, world leader in 3D design software, 3D Digital Mock Up and Product Lifecycle Management (PLM) solutions, is holding its 2016 Capital Markets Day today, Friday, June 10, 2016, where the Company is re-affirming its 2019 non-IFRS EPS objective of about €3.50 per share (split adjusted) as initially outlined on June 13, 2014 at its prior capital market day.
The 2016 Capital Markets Day, dedicated to analysts and investors, is hosted at the Company’s headquarters in Vélizy-Villacoublay, France, and includes presentations by the senior executive management team. The sessions are being recorded and will be available for replay in the afternoon of June 10, 2016 by accessing http://www.3ds.com/investors/.
“Our 3DEXPERIENCE platform is truly an innovation platform and has now proven to be instrumental in helping companies transform the future - creating new markets and new business models. Our clients’ results with 3DEXPERIENCE are demonstrating the significant business value it can bring to help them respond to the associated complex challenges in order to achieve their targeted objectives as they invent the future of the Experience Economy,” commented Bernard Charlès, President and Chief Executive Officer, Dassault Systèmes. “The 3DEXPERIENCE Platform is not only the operating system managing Big Data, connecting with all enterprise data, disciplines and people. It is also becoming a trading platform for content and online services.”
Thibault de Tersant, Senior EVP and CFO, commented, “We had a very good start to our five-year objective to double our non-IFRS earnings per share by 2019. We have already reached our goal of doubling our addressable market thanks to the combination of acquisitions and organic developments. On top of this our industry diversification has already hit its targeted mix and we expect to exceed it. We are indeed benefitting from multiple key revenue growth drivers with our Brands, our Industry approach, the 3DEXPERIENCE Platform, and strong recurring software revenue dynamic as well as acquisitions in support of our strategy. In summary, we are well positioned to reach our 2019 EPS objective of 3.50 euros.”
The Company’s 2019 EPS objective has been prepared and communicated only on a non-IFRS basis and is subject to the cautionary statement set forth below.
Key Investor Relations Events
Second Quarter Earnings, July 21, 2016
Third Quarter Earnings, October 25, 2016
Statements herein that are not historical facts but express expectations or objectives for the future, including but not limited to statements regarding the Company’s non-IFRS financial performance objectives, are forward-looking statements.
Such forward-looking statements are based on Dassault Systèmes management's current views and assumptions and involve known and unknown risks and uncertainties. Actual results or performances may differ materially from those in such statements due to a range of factors. The Company’s current outlook for 2016 takes into consideration, among other things, an uncertain global economic environment. In light of the continuing uncertainties regarding economic, business, social and geopolitical conditions at the global level, the Company’s revenue, net earnings and cash flows may grow more slowly, whether on an annual or quarterly basis. While the Company makes every effort to take into consideration this uncertain macroeconomic outlook, the Company’s business results, however, may not develop as anticipated. Furthermore, due to factors affecting sales of the Company’s products and services as described above, there may be a substantial time lag between an improvement in global economic and business conditions and an upswing in the Company’s business results.
The Company’s actual results or performance may also be materially negatively affected by numerous risks and uncertainties, as described in the “Risk Factors” section of the 2015 Document de Référence, filed with the AMF on March 23, 2016, and also available on the Company’s website www.3ds.com.
Non-IFRS Financial Information
The Company’s 2019 EPS objective has been prepared and communicated only on a non-IFRS basis and is subject to the cautionary statement set forth below in addition to the forward-looking statement above.
Readers are cautioned that non-IFRS financial information is subject to inherent limitations. It is not based on any comprehensive set of accounting rules or principles and should not be considered as a substitute for IFRS measurements. Also, the Company’s non-IFRS financial information may not be comparable to similarly titled non-IFRS measures used by other companies. Further specific limitations for individual non-IFRS measures, and the reasons for presenting non-IFRS financial information, are set forth in the Company’s annual report for the year ended December 31, 2015 included in the Company’s 2015 Document de Référence filed with the AMF on March 23, 2016.
The 2019 non-IFRS EPS objective set forth above does not take into account the following accounting elements and has been estimated based upon the June 2014 principal currency exchange rates: deferred revenue write-downs, share-based compensation expense, including related social charges, and amortization of acquired intangibles. The above objective also does not include any impact from other operating income and expense, net principally comprised of acquisition, integration and restructuring expenses, from one-time items included in financial revenue and from one-time tax restructuring gains and losses.
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 twin experiences’ 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 300,000 customers of all sizes, in all industries, in more than 140 countries. For more information, visit https://www.3ds.com