Dassault Systèmes Reports Q416 Total Revenue and EPS Up Double-Digit

*In constant currencies

  • IFRS total revenue increased 10%. Non-IFRS total revenue increased 10% with software revenue growth of 9% and services and other revenue growth of 15%. Fourth quarter results include the addition of CST, following the completion of its acquisition on September 30, 2016. Excluding acquisitions, total revenue growth would have been 8%. (All growth rates are in constant currencies.)
  • On a regional basis, non-IFRS software revenue increased 7% in Asia with India and South Korea posting the strongest growth. Software revenue increased 13% in Europe, led by France, Germany and Russia. In the Americas, software revenue increased 6% with North America results reflecting a strong comparison base with several mega-deals in the 2015 fourth quarter. (All growth comparisons are in constant currencies.)
  • Non-IFRS new licenses revenue increased 10% in constant currencies with double-digit growth in Aerospace & Defense, High Tech, Energy, Process & Utilities, Business Services and Marine & Offshore.
  • Non-IFRS recurring software revenue increased 9% in constant currencies on globally strong results for maintenance subscription revenue, and rental subscription growth in all three regions.
  • By product line and on a non-IFRS basis, SOLIDWORKS software revenue increased 13% reflecting strong growth in recurring software revenue. CATIA software revenue increased 2%, with growth in CATIA 3DEXPERIENCE sales offset in part by lower Version 5 sales. ENOVIA software revenue decreased 4% on a high base of comparison. Other Software increased 21% reflecting the addition of the CST acquisition and a good dynamic across most product lines led by DELMIA and Quintiq. (All growth comparisons are in constant currencies.)
  • IFRS operating income increased 5%. Non-IFRS operating income rose 8% to €311.5 million. The non-IFRS operating margin was 35.3%, compared to 35.8% in the year-ago quarter, but was unchanged on an organic basis excluding currency fluctuations. Acquisitions had a net negative impact on the non-IFRS operating margin of about 20 basis points, and currency of 30 basis points.
  • The IFRS effective tax rate decreased to 38.7% compared to 40.3% in the year-ago quarter. The non-IFRS effective tax rate decreased to 35.5% from 36.0% in the 2015 fourth quarter.
  • IFRS net income per diluted share increased 14% to €0.56 per share. Non-IFRS net income per diluted share increased 10% to €0.78.

2016 Full Year Financial Summary

(Unaudited)

                         
In millions of Euros, except per share data   IFRS   Non-IFRS
        Change   Change in cc*       Change   Change in cc*
YTD 2016 Total Revenue   3,055.6   8%   8%   3,065.6   7%   7%
YTD 2016 Software Revenue   2,694.7   8%   8%   2,704.3   7%   7%
YTD 2016 Services and other revenue   360.9   7%   7%   361.3   7%   7%
YTD 2016 Operating Margin   22.0%           31.2%        
YTD 2016 EPS   1.74   11%       2.49   11%    
                         
Total Software Revenue in millions of Euros IFRS   Non-IFRS
    YTD 2016   YTD 2015   Change in cc*   YTD 2016   YTD 2015   Change in cc*
Americas   815.5   756.3   8%   818.8   775.4   6%
Europe   1,139.1   1,077.0   8%   1,144.5   1,087.9   8%
Asia   740.1   669.5   8%   741.0   674.6   8%

« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12  Next Page »
Featured Video
Jobs
Sr. Silicon Design Engineer for AMD at Santa Clara, California
CAD Engineer for Nvidia at Santa Clara, California
Design Verification Engineer for Blockwork IT at Milpitas, California
GPU Design Verification Engineer for AMD at Santa Clara, California
Senior Platform Software Engineer, AI Server - GPU for Nvidia at Santa Clara, California
Senior Firmware Architect - Server Manageability for Nvidia at Santa Clara, California
Upcoming Events
SEMICON Japan 2024 at Tokyo Big Sight Tokyo Japan - Dec 11 - 13, 2024
PDF Solutions AI Executive Conference at St. Regis Hotel San Francisco - Dec 12, 2024
DVCon U.S. 2025 at United States - Feb 24 - 27, 2025



© 2024 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering TechJobsCafe - Technical Jobs and Resumes GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise