Dassault Systèmes Announces IFRS and non-IFRS New Licenses Revenue Up 16% in Fourth Quarter and Up 11% for 2017 at Constant Currency
VÉLIZY-VILLACOUBLAY, France — February 1, 2018 — Dassault Systèmes (Euronext Paris: #13065, DSY.PA), announces IFRS unaudited financial results for the fourth quarter and year ended December 31, 2017. These results were reviewed by the Company’s Board of Directors on January 31, 2018. This press release also includes financial information on a non-IFRS basis with a reconciliation included in the Appendix to this communication.
Summary Fourth Quarter and Full Year 2017 Highlights
(Unaudited)
- Broad-based software growth for industries and brands drives Q4 performance
- Q4 new licenses revenue of €296 million (IFRS and non-IFRS), up 16% organically in constant currencies
- Q4 EPS €0.79 (IFRS), up 41% and €0.89 (non-IFRS), up 14%
- FY non-IFRS software revenue up 8% at constant currencies, non-IFRS operating margin 32.0%, non-IFRS EPS €2.68, up 8%
- FY Cash flow from operations up 20% to €745 million
- Record year for SOLIDWORKS on broad global strength
- DS initiates 2018 goals: Non-IFRS revenue growth of 8% to 9% in constant currencies, non-IFRS EPS growth of 6% to 8% or at constant currency, about 11% to 13% (above consensus)
- Dassault Systèmes Ranked 1st among the 100 Most Sustainable Corporations in the World Global Index by Corporate Knights
About Dassault Systèmes
Dassault Systèmes is a catalyst for human progress. Since 1981, the company has pioneered virtual worlds to improve real life for consumers, patients and citizens. With Dassault Systèmes’ 3DEXPERIENCE platform, 350,000 customers of all sizes, in all industries, can collaborate, imagine and create sustainable innovations that drive meaningful impact. For more information, visit: https://www.3ds.com