DASSAULT SYSTEMES
ACQUISITIONS AND FOREIGN EXCHANGE IMPACT
In millions of Euros | Non-IFRS reported | o/w Growth | o/w | o/w | ||
Q1 2019 | Q1 2018 | Change MEUR | EX FX (1) | Scope (2) | FX (3) | |
Revenue QTD | 964.0 | 820.6 | 143.4 | 71 | 40 | 32 |
(1) Growth at constant rate and constant scope
(2) Change of scope impact at current year rate
(3) FX impact on previous year figures
DASSAULT SYSTEMES
CONDENSED CONSOLIDATED STATEMENTS OF INCOME (IFRS)
(unaudited; in millions of Euros, except per share data)
In millions of Euros, except per share data and percentages | Three months ended | |
March 31, | March 31, | |
2019 | 2018 | |
Licenses and other software revenue | 213.2 | 179.1 |
Subscription and Support revenue | 642.0 | 556.0 |
Software revenue | 855.3 | 735.1 |
Services revenue | 103.6 | 83.5 |
Total Revenue IFRS | € 958.9 | € 818.7 |
Cost of software revenue (excluding amortization of acquired intangibles) | (45.2) | (40.9) |
Cost of services and other revenue | (100.6) | (79.4) |
Research and development | (180.3) | (152.7) |
Marketing and sales | (291.2) | (253.0) |
General and administrative | (76.7) | (69.7) |
Amortization of acquired intangibles | (50.1) | (41.8) |
Other operating income and expense, net | 0.9 | (2.5) |
Total Operating Expenses | (743.1) | (639.9) |
Operating Income | € 215.8 | € 178.7 |
Financial revenue and other, net | 5.2 | 4.7 |
Income before income taxes | 221.0 | 183.5 |
Income tax expense | (62.9) | (47.5) |
Net Income | € 158.0 | € 136.0 |
Non-controlling interest | 2.8 | 0.3 |
Net Income attributable to equity holders of the parent | € 160.8 | € 136.3 |
Basic net income per share | 0.62 | 0.53 |
Diluted net income per share | € 0.62 | € 0.53 |
Basic weighted average shares outstanding (in millions) | 258.8 | 256.9 |
Diluted weighted average shares outstanding (in millions) | 260.5 | 259.3 |
Three months ended March 31, 2019 | ||
Change* | Change in cc** | |
IFRS Revenue IFRS | 17% | 13% |
IFRS Revenue by activity | ||
Software revenue | 16% | 12% |
Services revenue | 24% | 19% |
IFRS Software Revenue by product line | ||
CATIA software revenue | 8% | 6% |
ENOVIA software revenue | 24% | 19% |
SOLIDWORKS software revenue | 13% | 5% |
Other software revenue | 26% | 21% |
IFRS Revenue by geography | ||
Americas | 29% | 19% |
Europe | 13% | 11% |
Asia | 12% | 8% |
*Variation compared to the same period in the prior year. **In constant currencies