• IFRS and non-IFRS total revenue increased 17% and 15%, respectively, principally reflecting strong software growth and to a lesser extent growth in services and other revenue. By region, growth was highest in Asia followed by the Americas and Europe. (All growth comparisons in constant currencies.)
• IFRS and non-IFRS software revenue grew 18% and 16%, respectively, on sharply higher new licenses revenue, which increased 36%. ENOVIA was the strongest with a 49% increase in new licenses revenue. (All growth comparisons in constant currencies.)
• IFRS and non-IFRS recurring software revenue grew 12% and 9%, respectively, benefiting from strong subscription renewal trends, increase in new licenses activity and higher rental revenue. (All growth comparisons in constant currencies.)
• IFRS PLM software revenue increased 20%. Non-IFRS PLM software revenue increased 17% with CATIA software revenue higher by 13%, ENOVIA by 22% and Other PLM by 22%. Other PLM includes SIMULIA, DELMIA, Exalead and 3DVIA. PLM software revenue growth benefited from a significant increase in new license revenue activity, including larger transaction sizes and strong activity in the PLM Value Solutions channel. (All growth comparisons in constant currencies.)
• Mainstream 3D (IFRS and non-IFRS) software revenue increased 11% in constant currencies on strong new licenses revenue and growth in maintenance revenue. New SolidWorks commercial seats licensed in the second quarter increased 22% to 11,893 seats.
• Earnings growth benefited from operating leverage offset in part by strong currency headwinds. IFRS earnings per diluted share increased 30% to €0.52. Non-IFRS earnings per diluted share increased 10% to €0.64 and excluding currency effects, increased 16%. The IFRS operating margin was 21.7% and the non-IFRS operating margin was 28.0% in the 2011 second quarter.

2011 First Half Financial Summary

IBM PLM operations acquired by Dassault Systèmes have been merged into the Company’s operations within its PLM business segment since April 1, 2010. As previously disclosed, the IBM PLM share of Dassault Systèmes software revenue was estimated at approximately €50 million for the 2010 first quarter.