Dassault Systemes 3Q Operating Profit, Revenue Increased
22 Octobre 2020 - 7:50AM
Dow Jones News
By Mauro Orru
Dassault Systemes SE said Thursday that operating profit and
revenue for the third quarter increased.
Reporting on a non-IFRS basis, the French software maker posted
operating profit of 290.9 million euros ($345.1 million) compared
with EUR276.9 million in the third quarter of 2019, while operating
margin fell to 28.2% from 30.3%.
Net profit for the same period rose to EUR210.3 million from
EUR202.5 million.
Revenue increased to EUR1.03 billion from EUR914 million, with
software revenue climbing to EUR934.9 million from EUR797.5 million
and services revenue slipping to EUR95.4 million from EUR116.5
million.
Dassault Systemes had guided for third-quarter revenue of
between EUR1.05 billion and EUR1.08 billion, with an operating
margin between 26% and 26.5%.
The company expects revenue for the fourth quarter in a range
from EUR1.19 billion to EUR1.22 billion, with an operating margin
from 34.6% to 35.2%.
Dassault Systemes now projects 2020 revenue between EUR4.44
billion and EUR4.46 billion and an operating margin from 29.8% to
30.0%.
The ranges are lower than what the company outlined in July 2020
when it guided for 2020 revenue between EUR4.51 billion and EUR4.56
billion, with operating margin between 29.3% and 29.4%.
Write to Mauro Orru at mauro.orru@wsj.com; @MauroOrru94
(END) Dow Jones Newswires
October 22, 2020 01:35 ET (05:35 GMT)
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