Dassault Q3 Revenue Down 7% to €751M with €106M Profit

VÉLIZY-VILLACOUBLAY, France, Oct 26, 2017 – Dassault Systèmes has announced IFRS unaudited financial results for the third quarter and nine months ended September 30, 2017. This quarter’s revenue stood at €751.4M, with a profit of €106.2M.

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, “We were pleased to announce earlier this month that we signed with Scania an agreement for a long-term collaboration to implement the 3DEXPERIENCE Platform and expand the usage of our industry solution experiences to support their need for high levels of modularity and customer-specific configurations. In July we announced the Boeing decision for the 3DEXPERIENCE Platform across all their programs and the selection of our manufacturing operations management solutions for production performance. We were also pleased with a number of other decisions. While sales timelines remain extended, and the progress we are making with the 3DEXPERIENCE Platform is not fully reflected in our financial performance, we are highly confident that momentum will continue to build.

“We are also advancing our strategy implementation. Our multiphysics, multiscale technology roadmap will be enhanced with the planned acquisition of Exa to become part of our SIMULIA portfolio. The ability to simulate the impact of highly dynamic fluid flows is critical for industries, for cities and for medicine. For CATIA, the acquisition of No Magic will expand our systems engineering capabilities which will be critical contributors to the realization of autonomous vehicles and to the creation of entirely new customer experiences.

“Finally, at our North American 3DEXPERIENCE Forum last week, we shared important advances in our Living Heart Program, where our goal is to help to drive the creation and use of simulated 3D personalized hearts in the treatment, diagnosis and prevention of heart diseases, as one illustration of our many investments in Life Sciences. The digital Living Heart is now available through the 3DEXPERIENCE platform on the cloud, offering the speed and flexibility of highperformance computing (HPC) enabling medical device companies of all sizes and life sciences companies to have immediate access to a complete, on-demand HPC environment to scale up virtual testing securely and collaboratively.”

A complete chart of the financial results is available here.

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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