Dassault Q2 Revenue Down 6% to €1069M with €80M Profit

VÉLIZY-VILLACOUBLAY, France, July 23, 2020 – Dassault Systèmes announces IFRS unaudited financial results for the second quarter and first half ended June 30, 2020. This quarter’s revenue stood at €1068.7M, 5.8% down compared to €1134.7M of first quarter of 2020, with a profit of €80.1M.

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

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

Bernard Charlès, Dassault Systèmes’ vice chairman and chief executive officer commented, “The health crisis will have a lasting impact on the way of doing business and on the needs of companies and their end-clients. This is clear from extensive discussions we have had with clients across manufacturing industries, life sciences & healthcare and infrastructure and cities. We are working with them to turn this health crisis into an opportunity to improve their near-term operations while strengthening the sustainability of their business models.

“The lockdown period has accelerated the need for our platform-based design anywhere, virtual production organization adoption, putting people care at the center of all. Thus, never has the virtual twin experience been more relevant. We are well positioned to help our clients to address key industry trends with new approaches and to ensure these improvements seamlessly connect to future transformations.

“In life sciences, the COVID-19 vaccine development world race is revealing the value of leveraging virtual new world, data sciences and analytics, platform-based clinical trials, as well as the game change promise of virtual control arm use to improve performance scope and relevancy of clinical trials on the MEDIDATA platform.

“Our BIOVIA and MEDIDATA teams’ deep understanding of the life sciences industry is readily demonstrated by its activity during the second quarter growing, its customer base overall by 17%, expanding its relationships with the top 25 pharmaceutical companies and working with the large majority of companies focused on a COVID-19 vaccine development.

“Knowledge is very often a prisoner in text. With the acquisition of Proxem, using their natural language processing technologies, we can extract this knowledge from documents and use it through data sciences and data analytics, turning it into experience and enabling our clients to automate their interpretation.

“Finally, more than ever, the virtual world offers an immense opportunity to imagine and help create sustainable innovations for a better future.”

A complete chart of the financial results is available here.

About Dassault Systèmes

Dassault Systèmes, the 3DEXPERIENCE company, is a catalyst for human progress. They provide business and people with collaborative virtual environments to imagine sustainable innovations. Dassault Systèmes’ 20,000 employees are bringing value to more than 270,000 customers of all sizes, in all industries, in more than 140 countries. For more information, visit www.3ds.com.

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