*In constant currencies.

“Dassault Systèmes had a very solid second quarter, with sales above the high end of our revenue target excluding any currency benefits, and earnings and operating margin results significantly above our objectives, thanks in large measure to execution at both the sales and operational levels. In the Mainstream 3D market, SolidWorks delivered strong results with new licenses up 20%, showing an encouraging business trend in the SMB market” commented Bernard Charlès, Dassault Systèmes President and Chief Executive Officer.

“On top of the smooth integration of IBM PLM, the second quarter was a very dynamic period with new strategic customer partnerships with leading, global companies including Michelin and Gap Inc., and more on the way. We added a new addressable market in search-based applications with the Exalead acquisition, expanded V6 PLM with a new release and with the Geensoft acquisition to advance in design and simulation for smart products.

“Looking forward, we are focused on the significant opportunity ahead of us to leverage both our direct and indirect sales resources to expand our presence across the eleven industries Dassault Systèmes serves.”

DS completed the acquisition of the IBM PLM operations on March 31, 2010 and these operations were merged into the Company’s operations within its PLM business segment for the three-month period commencing April 1, 2010. Due to the deep integration of former IBM PLM employees into the Company’s operations, involving many changes in territories and responsibilities, it is not possible to track the IBM PLM revenue and profit since the acquisition date. As previously disclosed, the IBM PLM share of DS software revenue was estimated at approximately €53 million in the second quarter of 2009. The IBM PLM acquisition was a significant contributor to growth in direct sales and sales related headcount and in turn to revenue, expenses and earnings during the 2010 Second Quarter and First Half in comparison to the respective 2009 periods.

Second Quarter 2010 Financial Review

In millions of Euros		IFRS						Non-IFRS
		Q2 2010		Q2 2009		Change in cc*		Q2 2010		Q2 2009		Change in cc*
Total Revenue		385.6		310.9		18%		391.9		311.2		20%
Software Revenue		346.4		271.3		22%		352.7		271.6		24%
Services and other Revenue		39.2		39.6		(6%)		39.2		39.6		(6%)
PLM software Revenue		268.4		206.5		24%		274.7		206.8		27%
Mainstream 3D software Revenue		78.0		64.8		14%		78.0		64.8		14%
Americas		116.2		96.5		12%		117.2		96.6		13%
Europe		173.7		144.2		20%		175.1		144.2		21%
Asia		95.7		70.2		22%		99.6		70.4		27%

« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17  Next Page »