Dassault Systèmes Reports 2021 First Quarter Results Above the High End of Company Guidance
VÉLIZY-VILLACOUBLAY, France — April 28, 2021 — Dassault Systèmes (Euronext Paris: #13065, DSY.PA) announces IFRS unaudited financial results for the first quarter ended March 31, 2021. The Group’s Board of Directors reviewed these results on April 27, 2021. This press release also includes financial information on a non-IFRS basis and reconciliations with IFRS figures in the Appendix to this communication.
First Quarter Highlights and Financial Summary
(Unaudited, revenue growth in constant currencies, EPS presented on a diluted basis)
- IFRS EPS of €0.66, up 54% and non-IFRS EPS of €1.14, up 20%, 28% in constant currencies
- On an organic basis, non-IFRS software revenue up 10%
- Non-IFRS licenses and other software revenue up 25%, on upside principally from China, North America and Northern Europe
- Non-IFRS software revenue: Mainstream Innovation up 20% on SOLIDWORKS and CENTRIC PLM; Life Sciences up 16% with strong MEDIDATA performance; Industrial Innovation up 4%
- Cash flow from operations up 40% to €642 million
- 2021 Non-IFRS objectives: Reaffirms revenue up 9-10%; Upgrades EPS to €4.24-4.28, up 17-18% in constant currencies
About Dassault Systèmes
Dassault Systèmes 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 can redefine the creation, production and life-cycle-management processes of their offer and thus have a meaningful impact to make the world more sustainable. The beauty of the Experience Economy is that it is a human-centered economy for the benefit of all – consumers, patients and citizens. Dassault Systèmes brings value to more than 350,000 customers of all sizes, in all industries, in more than 150 countries. For more information, visit https://www.3ds.com