Dassault Systèmes announces IFRS unaudited financial results for the first quarter ended March 31, 2018. These results were reviewed by the Company’s Board of Directors on April 24, 2018.
Summary First Quarter 2018 Highlights
(Unaudited)
Q118 FINANCIAL PERFORMANCE
- First Quarter results well aligned with Dassault Systèmes’ financial objectives
- Licenses and other software up 14% organically at constant currency (IAS 18)
- 3DEXPERIENCE software revenue up 26% at constant currency (IAS 18)
- Broad-based growth in a majority of industries and geographies
- 3DEXPERIENCE cloud activity up significantly
- Strong Cash flow from operations, up 17% to €407 million (IAS 18)
- Board of Directors proposes 9% increase in annual dividend for the 2017 fiscal year
- DS confirms 2018 FY IAS 18 financial objectives: Non-IFRS revenue growth of 8% to 9% at constant currency
- Non-IFRS EPS up 6% to 8% or at constant currency about 11% to 13%
