VÉLIZY-VILLACOUBLAY, France, Apr 25, 2024 – Dassault Systèmes announced IFRS unaudited estimated financial results for the first quarter ended March 31, 2024. This quarter’s revenue stood at €1.49B, down 8.7% compared to €1.64B of fourth quarter of 2023, with a profit of €286M.
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)
Pascal Daloz, Dassault Systèmes’ chief executive officer, commented: “In the first quarter, our 3DEXPERIENCE business delivered strong results. A majority of key industry leaders in manufacturing have now adopted our platform, taking advantage of its science-driven approach, integrative capabilities, and cloud flexibility. Looking ahead, we see large opportunities in transportation & mobility, as well as in aerospace & defense.
In Life Sciences, as the sector pivots towards patient-centricity, technology transfer from labs to bioreactors, and the utilization of generative AI for faster innovation, we are replicating what we have achieved in other industries by providing an end-to-end platform. This transformation lays the foundation for new sources of sustainable growth.
While we are rooted in the present, we also want to make a positive impact on the world. Shaping the Generative Economy is the next step in our journey. The Generative Economy goes beyond extending virtual twins to living organisms: it’s about learning from life to adopt net-positive ways of living ─ giving back to the planet and society more than we take. A more holistic view of the entire life cycles and impact becomes critical.
This holistic approach is made possible through our 3DEXPERIENCE platform, enabling clients to connect data from experience with models from science. Using our generative AI engines, they will nurture circularity and elevate data into valuable knowledge and know-how.”
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. By creating virtual twin experiences of the real world with their 3DEXPERIENCE platform and applications, their customers can redefine the creation, production and life-cycle-management processes of their offer and thus have a meaningful impact to make the world more sustainable. The beauty of the Experience Economy is that it is a human-centered economy for the benefit of all – consumers, patients and citizens. Dassault Systèmes brings value to more than 300,000 customers of all sizes, in all industries, in more than 150 countries.
For more information, visit www.3ds.com.