Dassault Systèmes Reports Financial Results Well Aligned with its Guidance, IFRS and non-IFRS Total Revenue up 11% in Q2, Reaffirms its 2020 non-IFRS EPS Objective

VÉLIZY-VILLACOUBLAY, France — July 23, 2020 — Dassault Systèmes (Euronext Paris: #13065, DSY.PA) announces IFRS unaudited financial results for the second quarter and first half ended June 30, 2020.  The Group’s Board of Directors reviewed these results on July 22, 2020. This press release also includes financial information on a non-IFRS basis with reconciliations with IFRS figures included in the Appendix to this communication. 

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

• Q2 non-IFRS Operating Margin and non-IFRS EPS at high end of guidance reflecting strong operational performance 
• Q2 IFRS and non-IFRS total revenue up 10% in constant currencies; non-IFRS recurring software up 30% with Medidata and solid organic support renewals 
• Q2 cash flow from operations of €397 million, with H1 at €855 million
• Medidata delivers double-digit non-IFRS revenue growth and strong non-IFRS  operating margin uplift in H1, on a comparable basis
• Acquisition of Proxem, a specialist in AI-based information semantic processing expanding our collaborative data sciences offer
• Confirming FY 2020 Financial Framework with an Objective of 2020 non-IFRS EPS reaching  about €3.70 to 3.75 (€3.65 for FY 2019)