“Dassault Systèmes made good progress in 2016 delivering on our strategic initiatives, importantly led by our Industry Solutions portfolio based on our 3DEXPERIENCE platform where software revenue increased 25%. 3DEXPERIENCE traction is strong, evidenced in the number of watershed decisions we are winning in the twelve industry sectors we serve,” commented Bernard Charlès, Dassault Systèmes’ Vice Chairman and Chief Executive Officer. “Looking ahead, based on our progress and outlook, we believe 2017 will represent an inflection point for Dassault Systèmes with 3DEXPERIENCE, making us very confident to achieve our five-year objective to double EPS which we reaffirmed this past year.
“We further strengthened our Design and Engineering portfolio with expanded multiphysics and multiscale capabilities in simulation with the addition of CST in full spectrum electro-magnetic simulation, critical for every stage of electronic system design, and Next Limit Dynamics whose new generation fluid dynamic simulation technology solves certain fluid flow challenges better than traditional means. Our 3DEXPERIENCE Manufacturing portfolio benefits from both a unique level of completeness and from our sales specialization model, giving us a leadership position in Industry 4.0.
“With 3DEXPERIENCE, we made a massive bet at Dassault Systèmes that companies wanted to be able to bring their different disciplines together, in a holistic manner to drive their innovation – in products, in new business models and in customer experience successes. The 3DEXPERIENCE business platform has proven uniquely suited thanks to its ability to power processes across the different disciplines, from ideation, design, scientific simulation and manufacturing to marketing and sales, feed them with meaningful data analytics, and ensuring the automatic propagation of changes across all disciplines. As a result, companies are achieving very significant improvements in innovation of smart products, project management and global efficiency of the value chain.”
2016 Fourth Quarter Financial Summary
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In millions of Euros, except per share data | IFRS | Non-IFRS | ||||||||||
Change | Change in cc* | Change | Change in cc* | |||||||||
Q4 2016 Total Revenue | 875.0 | 10% | 10% | 882.6 | 10% | 10% | ||||||
Q4 2016 Software Revenue | 766.3 | 9% | 9% | 773.9 | 9% | 9% | ||||||
Q4 2016 Service & other Revenue | 108.7 | 17% | 16% | 108.7 | 16% | 15% | ||||||
Q4 2016 Operating Margin | 26.0% | 35.3% | ||||||||||
Q4 2016 EPS | 0.56 | 14% | 0.78 | 10% | ||||||||
Total Software Revenue in millions of Euros | IFRS | Non-IFRS | ||||||||||
Q4 2016 | Q4 2015 | Change in cc* | Q4 2016 | Q4 2015 | Change in cc* | |||||||
Americas | 233.3 | 216.7 | 6% | 235.7 | 220.0 | 6% | ||||||
Europe | 335.5 | 306.6 | 12% | 340.3 | 307.9 | 13% | ||||||
Asia | 197.5 | 180.0 | 6% | 197.9 | 180.8 | 7% |