Dassault Systèmes Reports Strong Third Quarter Operational Performance, Confirms its 2020 non-IFRS EPS Objective

VÉLIZY-VILLACOUBLAY, France — October 22, 2020 — Dassault Systèmes (Euronext Paris: #13065, DSY.PA) announces IFRS unaudited financial results for the third quarter and nine months ended September 30, 2020. The Group’s Board of Directors reviewed these results on October 21, 2020. This press release also includes financial information on a non-IFRS basis and reconciliations with IFRS figures in the Appendix to this communication.

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

• On a non-IFRS basis: Q3 EPS of €0.80 at high end and Operating Margin of 28.2% above target
• Non-IFRS organic recurring revenue up 4% in Q3 and YTD 
• Mainstream Innovation non-IFRS software revenue up 9% in Q3
• 3DEXPERIENCE non-IFRS software revenue up 6% in Q3
• Medidata delivers double-digit non-IFRS revenue growth on a comparable basis in Q3 and YTD
• YTD cash flow from operations at €1 billion, stable with year-ago quarter 
• Confirming 2020 non-IFRS EPS of €3.70 to €3.75, up 3% to 5% in constant currencies