Dassault Q3 Revenue Down 4% to €1030M with €91M Profit

VÉLIZY-VILLACOUBLAY, France, Oct 23, 2020 – Dassault Systèmes announces IFRS unaudited financial results for the third quarter and nine months ended September 30, 2020. This quarter’s revenue stood at €1029.6M, 3.7% down compared to €1068.7M of second quarter of 2020, with a profit of €91M.

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, “Recapping our progress during this quarter by our three sectors, we had a strong growth dynamic in life sciences & healthcare, up double-digits on a comparable basis. Infrastructure & cities grew 6% led by our activities in Asia. Within the manufacturing sector, we are seeing stable to growing year on year software performance in industrial equipment, high-tech, home & lifestyle and consumer packaged goods & retail. Thanks to our broad market reach within transportation & mobility and aerospace & defense, we saw continued strong investments by pure-play electric vehicle companies and a good dynamic in space.

“Our financial performance, client engagements and product launches demonstrate that we are enabling a broader axis of growth for the coming years.

“We are benefiting from our competitive strength, with our platform-based solutions, increasing our relevance as a strategic partner to the Life Sciences and Healthcare industry. Medidata, through its offers, is helping the industry re-imagine the future of clinical trials. Earlier this month, myMedidata LIVE became available to give researchers and patients a way to engage in remote site visits within the platform of site and patient-facing technologies they are already using on the study. On the customer front, we are pleased to share that Johnson & Johnson has extended its use of the Medidata platform for clinical trial management for the next five years.

“In the Mainstream Innovation market served by SOLIDWORKS, we are extending the reach of the 3DEXPERIENCE platform with the 3DEXPERIENCE WORKS family of solutions. This portfolio represents the most comprehensive cloud-based portfolio offering on this market.

“In manufacturing industries, we see a shift in focus from reducing the total cost of operation through software solutions to designing the next generation portfolio for a sustainable future.  To imagine, develop, produce and operate a carbon-free aircraft 15 years from now, we must start designing it today. Data intelligence is another core pillar for this sector, in much the same way that part procurement was in the 20th century. In the infrastructure and cities sector as well, innovation is driven by the sustainability imperative. As industries increasingly interact, experience platforms are indispensable to reshape ecosystems.”

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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