DS Reports Second Quarter 2009 Financial Results At High End of Company Objectives

*In constant currencies.

Bernard Charlès, Dassault Systèmes President and Chief Executive Officer, commented, “The second quarter unfolded as anticipated. Revenue, margin and earnings results came in at the high end of our objectives, thanks to continued strong interest in DS solutions across a diversified number of industries, and to our cost savings program which is being implemented without impacting our R&D and sales capacities.

“On balance, business conditions during the second quarter were similar to the first quarter with customers remaining cautious with respect to new business investments. We started to see some increase in activity among larger companies, for which design excellence, simulation and compliance were significant drivers. For smaller companies, in general, it was not the case as we observed some slight further weakening from the first three months of the year.

“We are dedicated to the success of our customers with our investments in R&D. In June, we introduced Version 6 Release 2010 for the PLM market. We are just at the start of the adoption ramp of our V6 platform and software solutions and are therefore pleased by the number of wins we are seeing with more than 130 companies to date, representing the apparel, aerospace, automotive, energy, life sciences and high tech industries, among others.

“This quarter, we obtained a milestone decision, with Renault Group selecting our V6 PLM solution, which will be deployed as their global collaborative innovation platform for all functions involved in engineering and product development, thus replacing legacy PDM and reducing Renault Group’s cost of operations.

“In the Mainstream market, SolidWorks 2010 is set to be released in the fall of 2009 as scheduled. This latest release is uniquely positioned to offer users the ability to easily evaluate design and material alternatives for sustainable product development.”

Second Quarter 2009 Financial Review

In millions of Euros IFRS   Non-IFRS
    Q2 2009   Q2 2008   Growth in cc*   Q2 2009   Q2 2008   Growth in cc*
Total Revenue   310.9   326.2   (11%)   311.2   326.2   (11%)
Software Revenue   271.3   278.0   (9%)   271.6   278.0   (9%)
Services and other Revenue   39.6   48.2   (24%)   39.6   48.2   (24%)
PLM software Revenue   206.5   211.6   (9%)   206.8   211.6   (9%)
Mainstream 3D software Revenue   64.8   66.4   (10%)   64.8   66.4   (10%)
Americas   96.5   95.9   (12%)   96.6   95.9   (12%)
Europe   144.2   157.1   (8%)   144.2   157.1   (8%)
Asia   70.2   73.2   (18%)   70.4   73.2   (18%)

« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13  Next Page »

Review Article Be the first to review this article

Featured Video
Core Circuit Design Engineer (2018) for nexteer automotive at Saginaw, Michigan
ASIC Design Enablement Manager for SkyWater Technology Foundry at Bloomington, California
ASIC Digital Design Engr, Sr I for Synopsys, Inc. at Mountain View, California
Upcoming Events
EDI CON 2018 at Santa Clara Convention Center Santa Clara CA - Oct 17 - 18, 2018
MIPI DevCon Seoul at Millennium Seoul Hilton Seoul Korea (South) - Oct 19, 2018
DVCon Europe at Holiday Inn Munich Germany - Oct 24 - 25, 2018
SystemC AMS & COSIDE® User Group Meeting 2018 at Dresden Germany - Oct 26, 2018
CST: Webinars

Internet Business Systems © 2018 Internet Business Systems, Inc.
25 North 14th Steet, Suite 710, San Jose, CA 95112
+1 (408) 882-6554 — 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 PolicyAdvertise