Dassault Q1 Revenue Down 13% to €760M with €86M Profit

logo_3DS_dassaultVÉLIZY-VILLACOUBLAY, France, Apr 26, 2017 – Dassault Systèmes, the 3DEXPERIENCE company, world leader in 3D design software, 3D digital mock up and product lifecycle management (PLM) solutions, today announced IFRS unaudited financial results for the first quarter ended March 31, 2017. These results were reviewed by the company’s board of directors on April 25, 2017.

Dassault_2017Q1_Revenue

Comparative analysis based on Dassault’s financial results in the last 12 quarters (Result source Dassault website)

Dassault_2017Q1_Profit

Comparative analysis based on Dassault’s financial results in the last 12 quarters (Result source Dassault website)

This quarter’s revenue stood at €759.8 million, a drop of 13% compared to the quarter four’s revenue (€875.0 million) of last year, with a profit of €86.4 million.

Bernard Charlès, Dassault Systèmes’ vice chairman and chief executive officer commented, “In early April Dassault Systèmes brought together in Milan key innovators from around the globe who demonstrated that a new era, Design in the Age of Experience is well underway. In this era design is about creating experiences, introducing new business plans, leveraging science, learning from nature and creating unique consumer experiences, thanks to increased affordability of virtual and augmented reality technologies.

“Our software portfolio is well positioned to respond to these new market needs and to help our clients succeed in this new era. FCA, Fiat Chrysler Automobiles, selected our ‘Drive Emotion’ industry solution experience based on the 3DEXPERIENCE platform to unify its global design studios and to develop the mobility experiences of tomorrow. Working with 3DEXCITE, Ford Motor Company and DS Automobiles, a division of PSA, have created for consumers immersive virtual reality experiences leveraging their digital assets. Partnering with the National Institute for Aerospace Research, the 3DEXPERIENCE Center is opening at Wichita State University as part of WSU’s Innovation Campus. This represents another initiative we are doing to contribute to the aerospace industry’s development in important areas such as new engineered materials, additive manufacturing processes and multi-robotics advanced manufacturing.

“From a financial perspective, the strength of our offer translated into 8% non-IFRS revenue growth in constant currencies during the first quarter. Our two largest industries, transportation & mobility and industrial equipment, drove these results. On top of this our diversification industries represented 32% of total software revenue in the quarter, with our presence in High Tech continuing to expand, and notable performances from consumer product goods-retail and architecture, engineering & construction.”

A complete chart of the financial results is available here.

Today’s Webcast and Conference Call Information

Today, Wednesday, April 26, 2017, Dassault Systèmes will first host a webcasted meeting from London at 8:30 AM London time/ 9:30 AM Paris time and will then host a conference call at 9:00 AM New York time/ 2:00 PM London time/ 3:00 PM Paris time. The webcasted meeting and conference call will be available via the Internet by accessing http://www.3ds.com/investors/. Please go to the website at least 15 minutes prior to the webcast or conference call to register, download and install any necessary audio software. The webcast and conference call will be archived for 1 year.

Additional investor information can be accessed at http://www.3ds.com/investors/ or by calling Dassault Systèmes’ Investor Relations at 33.1.61.62.69.24.

About Dassault Systèmes

Dassault Systèmes, the 3DEXPERIENCE company, provides business and people with virtual universes to imagine sustainable innovations. Its world-leading solutions transform the way products are designed, produced, and supported. Dassault Systèmes’ collaborative solutions foster social innovation, expanding possibilities for the virtual world to improve the real world. The group brings value to over 220, 000 customers of all sizes, in all industries, in more than 140 countries.

For more information, visit www.3ds.com.

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