Dassault Systèmes Reports Q1 Non-IFRS Total Revenues at High End of Guidance and Reaffirms 2016 Financial Objectives

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 210,000 customers of all sizes, in all industries, in more than 140 countries. For more information, visit www.3ds.com.

3DEXPERIENCE, the Compass logo and the 3DS logo, CATIA, SOLIDWORKS, ENOVIA, DELMIA, SIMULIA, GEOVIA, EXALEAD, 3D VIA, BIOVIA, NETVIBES and 3DEXCITE are registered trademarks of Dassault Systèmes or its subsidiaries in the US and/or other countries.

(Tables to Follow)

TABLE OF CONTENTS

Non-IFRS key figures

Condensed consolidated statements of income

Condensed consolidated balance sheets

Condensed consolidated cash flow statements

IFRS – non-IFRS reconciliation

DASSAULT SYSTEMES
NON-IFRS KEY FIGURES
(unaudited; in millions of Euros, except per share data, headcount and exchange rates)

Non-IFRS key figures exclude the effects of adjusting the carrying value of acquired companies’ deferred revenue, share-based compensation expense and related social charges, amortization of acquired intangible assets, other operating income and expense, net, certain one-time financial revenue items and the income tax effects of these non-IFRS adjustments.

Comparable IFRS financial information and a reconciliation of the IFRS and non-IFRS measures are set forth in the separate tables within this Attachment.

In millions of Euros, except per share data and percentages   Three months ended
   

March 31,

2016

 

March 31,

2015

  Change  

Change

in cc*

Non-IFRS Revenue   € 693.5   € 665.1   4%   5%
                 
Non-IFRS Revenue breakdown by activity                
Software revenue   613.9   591.0   4%   4%
of which new licenses revenue   157.9   163.6   -3%   -3%
of which periodic licenses, maintenance and

other software-related revenue

  456.0   427.4   7%   7%
Services and other revenue   79.6   74.1   7%   7%
                 
Non-IFRS Recurring software revenue   453.7   421.8   8%   8%
                 
Non-IFRS software revenue breakdown by product line            
CATIA software revenue   221.4   210.6   5%   5%
ENOVIA software revenue   70.9   63.7   11%   11%
SOLIDWORKS software revenue   151.5   142.7   6%   8%
Other software revenue   170.1   174.0   -2%   -2%
                 
Non-IFRS Revenue breakdown by geography                
Americas   216.5   204.3   6%   4%
Europe   292.8   287.0   2%   4%
Asia   184.2   173.8   6%   5%
                 
Non-IFRS operating income   € 181.7   € 171.7   6%    
Non-IFRS operating margin   26.2%   25.8%        
Non-IFRS net income attributable to shareholders   131.1   110.7   18%    
Non-IFRS diluted net income per share   € 0.51   € 0.43   19%    
Closing headcount   14,207   13,409   6%    
                 
Average Rate USD per Euro   1.10   1.13   -3%    
Average Rate JPY per Euro   127.0   134.1   -5%    
* In constant currencies                
     

DASSAULT SYSTEMES

CONDENSED CONSOLIDATED STATEMENTS OF INCOME (IFRS)

(unaudited; in millions of Euros, except per share data)

     
In millions of Euros, except per share data and percentages   Three months ended
    March 31,   March 31,
    2016   2015
New licenses revenue   157.3   156.5
Periodic licenses, maintenance and other software-related revenue   454.8   421.7
Software revenue   612.1   578.2
Services and other revenue   79.3   73.3
Total Revenue   € 691.4   € 651.5
Cost of software revenue (excluding amortization of acquired intangibles)   (37.5)   (36.7)
Cost of services and other revenue   (77.1)   (70.8)
Research and development   (130.5)   (123.2)
Marketing and sales   (227.8)   (217.5)
General and administrative   (54.4)   (50.4)
Amortization of acquired intangibles   (39.2)   (40.1)
Other operating income and expense, net   (2.4)   (2.3)
Total Operating Expenses   (€ 568.9)   (€ 541.0)
Operating Income   € 122.5   € 110.5
Financial revenue and other, net   (9.2)   0.7
Income before income taxes   113.3   111.2
Income tax expense   (22.6)   (40.2)
Net Income   90.7   71.0
Non-controlling interest   (0.8)   (1.1)
Net Income attributable to equity holders of the parent   € 89.9   € 69.9
Basic net income per share   0.35   0.28
Diluted net income per share   € 0.35   € 0.27
Basic weighted average shares outstanding (in millions)   253.7   251.8
Diluted weighted average shares outstanding (in millions)   257.2   255.6
         

IFRS revenue variation as reported and in constant currencies

    Three months ended March 31, 2016
    Change*   Change in cc**
IFRS Revenue   6%   6%
IFRS Revenue by activity        
Software revenue   6%   6%
Services and other revenue   8%   8%
IFRS Software Revenue by product line        
CATIA software revenue   5%   5%
ENOVIA software revenue   11%   11%
SOLIDWORKS software revenue   6%   8%
Other software revenue   4%   4%
IFRS Revenue by geography        
Americas   9%   8%
Europe   3%   6%
Asia   7%   7%

« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7  Next Page »



Review Article Be the first to review this article

EMA:

Featured Video
Editorial
Peggy AycinenaWhat Would Joe Do?
by Peggy Aycinena
Retail Therapy: Jump starting Black Friday
Peggy AycinenaIP Showcase
by Peggy Aycinena
REUSE 2016: Addressing the Four Freedoms
More Editorial  
Jobs
Manager, Field Applications Engineering for Real Intent at Sunnyvale, CA
Principal Circuit Design Engineer for Rambus at Sunnyvale, CA
FAE FIELD APPLICATIONS SAN DIEGO for EDA Careers at San Diego, CA
AE-APPS SUPPORT/TMM for EDA Careers at San Jose-SOCAL-AZ, CA
ACCOUNT MANAGER MUNICH GERMANY EU for EDA Careers at MUNICH, Germany
Development Engineer-WEB SKILLS +++ for EDA Careers at North Valley, CA
Upcoming Events
Zuken Innovation World 2017, April 24 - 26, 2017, Hilton Head Marriott Resort & Spa in Hilton Head Island, SC at Hilton Head Marriott Resort & Spa Hilton Head Island NC - Apr 24 - 26, 2017
CST Webinar Series



Internet Business Systems © 2016 Internet Business Systems, Inc.
595 Millich Dr., Suite 216, Campbell, CA 95008
+1 (408)-337-6870 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering TechJobsCafe - Technical Jobs and Resumes GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy Policy