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Industry Summary Articles

Thursday, July 23, 2020

Dassault Reports Q2 Financial Results

Dassault Systèmes announces IFRS unaudited financial results for the second quarter and first half ended June 30, 2020.  The Group’s Board of Directors reviewed these results on July 22, 2020. This press release also includes financial information on a non-IFRS basis with reconciliations with IFRS figures included in the Appendix to this communication. 

Highlights and Financial Summary
(Unaudited, revenue growth in constant currencies)

Q2 non-IFRS Operating Margin and non-IFRS EPS at high end of guidance reflecting strong operational performance 

Q2 IFRS and non-IFRS total revenue up 10% in constant currencies; non-IFRS recurring software up 30% with Medidata and solid organic support renewals 

Q2 cash flow from operations of €397 million, with H1 at €855 million

Medidata delivers double-digit non-IFRS revenue growth and strong non-IFRS  operating margin uplift in H1, on a comparable basis

Acquisition of Proxem, specialist in AI-based information semantic processing expanding our collaborative data sciences offer

To view original Press Release, please click here.

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