PARIS — (BUSINESS WIRE) — April 26, 2011 — Regulatory News:
Dassault Systèmes (Euronext Paris: #13065, DSY.PA) (Paris: DSY) reports IFRS unaudited financial results for the first quarter ended March 31, 2011. These results were reviewed by the Company’s Board of Directors on April 26, 2011.
Summary Highlights |
(unaudited) |
- Strong revenue, earnings and operating margin performance
- New licenses revenue up 28% and recurring revenue up 32% (IFRS and non-IFRS) in constant currencies
- EPS up 59% to €0.51 (IFRS) and up 47% to €0.63 (non-IFRS)
- 2011 financial growth objectives reconfirmed, reported revenue range adjusted for currency
- First quarter Version 6 contracts signed with automotive leaders BMW and Jaguar Land Rover and agricultural engineering leader CLAAS
- Board of Directors’ recommends shareholders approve 17% increase in the cash dividend
First Quarter 2011 Financial Summary |
(unaudited) |
In millions of Euros, except per share data | IFRS | Non-IFRS | |||||||||||
Change | Change in cc* | Change | Change in cc* | ||||||||||
Q1 Total Revenue | 409.5 | 31% | 29% | 409.9 | 31% | 29% | |||||||
Q1 Software Revenue | 372.2 | 33% | 31% | 372.6 | 33% | 31% | |||||||
Q1 EPS | 0.51 | 59% | 0.63 | 47% | |||||||||
Q1 Operating Margin | 22.2% | 28.3% |