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Wednesday, June 20, 2018

Dassault Systèmes Initiates a 2023 Non-IFRS EPS Objective of €6.00

Dassault Systèmes is unveiling a five-year plan targeting a 2023 non-IFRS EPS objective of about €6.00 at its 2018 Capital Market Day which is being held today, Friday, June 15, 2018. 

The Capital Markets Day, dedicated to analysts and investors, is hosted at the Company’s headquarters in Vélizy-Villacoublay, France, and includes presentations by the senior executive management team. The sessions are being recorded and will be available for replay following completion of the Capital Markets Day by accessing http://www.3ds.com/investors/

“Across the world an Industry Renaissance is emerging bringing profound changes to industries, companies and individuals. This is not simply a digitalization of yesterday’s processes, but a complete reimagining of what is possible combining the real and the virtual worlds,” commented Bernard Charlès, Vice Chairman and Chief Executive Officer.

“The 21st century is defined as high-added value networks in which the real and the virtual merge to create, produce and exchange sustainable experiences. Industrial firms must see themselves as platforms. In this new economy, organized around digital marketplaces where supply and demand meet both globally and locally, business leadership hinges on the ability to acquire and share knowledge and know-how.”

Pascal Daloz, Senior Vice President, CFO and Chief Strategy Officer, commented “This sea-change underway is well visible with the accelerating 3DEXPERIENCE traction we are seeing with both industry leaders and industry shakers. Our current addressable software market of $28 billion places the customer experience at the heart of sustainable innovation processes for the 12 industries we work with.

 “We are initiating a 2018-2023 plan to double our non-IFRS EPS, to a goal of about €6.00. From a revenue perspective, key growth drivers already in action include the 3DEXPERIENCE software cycle, our expanding global footprint bringing diversification and balance by industry and geography, and new usage opportunities with the Cloud. Complementing our key growth drivers are new initiatives, including our recently introduced Marketplace and potential acquisitions aligned with our purpose. Both of these can positively animate our 2023 non-IFRS EPS objective and importantly set in motion future growth drivers beyond 2023.”

To view the original press release, please click here.

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