| In millions of Euros | IFRS | Non-IFRS | ||||||||||||||||||||||
| Q3 2012 | Q3 2011 | Change in cc* | Q3 2012 | Q3 2011 | Change in cc* | |||||||||||||||||||
| Total Revenue | 499.5 | 432.8 | 8% | 505.0 | 432.9 | 10% | ||||||||||||||||||
| Software Revenue | 454.7 | 394.2 | 8% | 460.2 | 394.3 | 10% | ||||||||||||||||||
| Services and other Revenue | 44.8 | 38.6 | 9% | 44.8 | 38.6 | 9% | ||||||||||||||||||
| PLM software Revenue | 354.8 | 309.8 | 8% | 360.3 | 309.9 | 10% | ||||||||||||||||||
| SOLIDWORKS software Revenue | 99.9 | 84.4 | 9% | 99.9 | 84.4 | 9% | ||||||||||||||||||
| Americas | 146.1 | 116.0 | 12% | 147.7 | 116.0 | 13% | ||||||||||||||||||
| Europe | 210.8 | 200.6 | 2% | 211.9 | 200.7 | 3% | ||||||||||||||||||
| Asia | 142.6 | 116.2 | 16% | 145.4 | 116.2 | 18% | ||||||||||||||||||
|
*In constant currencies. |
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| In millions of Euros | IFRS | Non-IFRS | ||||||||||||||||||||||
| 2012 YTD | 2011 YTD | Change in cc* | 2012 YTD | 2011 YTD | Change in cc* | |||||||||||||||||||
| Total Revenue | 1,464.8 | 1,270.9 | 10% | 1,470.3 | 1,271.4 | 10% | ||||||||||||||||||
| Software Revenue | 1,332.4 | 1,154.8 | 10% | 1,337.9 | 1,155.3 | 10% | ||||||||||||||||||
| Services and other Revenue | 132.4 | 116.1 | 9% | 132.4 | 116.1 | 9% | ||||||||||||||||||
| PLM software Revenue | 1,032.6 | 904.9 | 9% | 1,038.1 | 905.4 | 9% | ||||||||||||||||||
| SOLIDWORKS software Revenue | 299.8 | 249.9 | 12% | 299.8 | 249.9 | 12% | ||||||||||||||||||
| Americas | 411.7 | 353.1 | 6% | 413.3 | 353.2 | 7% | ||||||||||||||||||
| Europe | 643.1 | 575.8 | 10% | 644.2 | 575.9 | 10% | ||||||||||||||||||
| Asia | 410.0 | 342.0 | 13% | 412.8 | 342.3 | 14% | ||||||||||||||||||
|
*In constant currencies. |
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- Both total revenue and software revenue increased 10% (IFRS and non-IFRS) in constant currencies reflecting broad-based strength. Services and other revenue increased 9% in constant currencies, principally reflecting growth in V6 services activities. The services gross margin is improving at 4.2%.
- IFRS operating income increased 17.7% to €344.0 million and the operating margin improved 50 basis points to 23.5%. On a non-IFRS basis, operating income increased 19.3% to €446.9 million. The non-IFRS operating margin improved 90 basis points to 30.4%, with approximately two-thirds of the improvement from operating leverage.
- IFRS net income per diluted share increased 15.2% to €1.90 and non-IFRS net income per diluted share increased 15.1% to €2.36 per share.
- New licenses revenue increased 12% in constant currencies for the first nine months of 2012 on broad support by the Company’s brands.
- Recurring software revenue increased 9% (IFRS and non-IFRS) in constant currencies on strong growth in both maintenance and rental revenue. Recurring software revenue represented 72% of total software revenue.
- IFRS and non-IFRS PLM software revenue increased 9%. CATIA software revenue increased 6% with double-digit growth in new licenses revenue. ENOVIA software revenue was higher by 9% on strong growth in V6 software sales and industry diversification. Other PLM, led by strong growth at SIMULIA, and including the acquisition of Gemcom, increased 15% (IFRS) and 18% (non-IFRS). (All growth comparisons in constant currencies.)
- SOLIDWORKS software revenue increased 12% in constant currencies. New commercial seats licensed increased 10% to over 39,000 seats.
