Dassault Systèmes Delivers Strong 2021 Results, With Fourth Quarter Well Aligned With Guidance

Vélizy-Villacoublay, France - February 3, 2022 - Dassault Systèmes (Euronext Paris: FR0014003TT8, DSY.PA), today announced IFRS unaudited financial results for the fourth quarter and year ended December 31, 2021. The Group’s Board of Directors approved these results on February 2, 2022. This press release also includes financial information on a non-IFRS basis and reconciliations with IFRS figures in the Appendix to this communication. 

Summary Highlights
(unaudited, in constant currencies, diluted EPS)

• As reported, 4Q21 IFRS EPS increased 15% to €0.18, non-IFRS EPS grew 17% to €0.29 
• 4Q21 total revenue and software revenue increased 10%, with licenses & other software revenue up 15% and support & subscription up 8% (non-IFRS)
• FY21: as reported IFRS EPS increased 56%, non-IFRS rose 26%; IFRS & non-IFRS total revenue grew 11%; IFRS software revenue rose 12%, non-IFRS software revenue was up 11%; non-IFRS operating margin of 34.3%
• FY21 non-IFRS 3DEXPERIENCE software revenue rose 15%, driven by strong subscription growth
• FY21 cash flow from operations increased 30% to €1.613 billion (IFRS)
• FY2022 non-IFRS objectives: revenue growth of 9%-10% to €5.30-€5.35 billion; EPS reported growth of 3%-6% to €0.98-€1.00