Dassault Systèmes announced IFRS unaudited financial results for the second quarter ended June 30, 2023. The Group’s Board of Directors approved these results on July 24, 2023. This press release includes financial information on a non-IFRS basis and reconciliations with IFRS figures in the Appendix.
Summary Highlights
(unaudited, IFRS and non-IFRS unless otherwise noted,
all revenue growth rates in constant currencies)
- 2Q23: Total revenue and software revenue increased 8%, well aligned with objectives, driven by recurring revenue, up 9%;
- 2Q23: Upfront licenses up 6%, driven by broad-based momentum;
- 2Q23: Non-IFRS Operating Margin1 of 31.0%, outperforming the objective, while continuing to invest to support future growth;
- 2Q23: Non-IFRS Diluted EPS2 up 7% to €0.28 as reported, or 15% in constant currencies, at the higher end of the objective range;
- FY2023: Reaffirming objectives of diluted EPS reaching €1.18-€1.20 and revenue growth of 8%-9%.
1IFRS Operating Margin: 17.9%
2IFRS diluted EPS up 78% at €0.17
