Earnings release
Page 1
BS . DASSAULT SYSTEMES ● Dassault Systèmes Reports Strong Second Quarter Results , Raises Full Year Guidance VÉLIZY - VILLACOUBLAY , France July 27 , 2021 Dassault Systèmes ( Euronext Paris : # 14003TT8 , DSY.PA ) announces IFRS unaudited financial results for the second quarter and first half ended June 30 , 2021. The Group's Board of Directors approved these results on July 26 , 2021. This press release also includes financial information on a non - IFRS basis and reconciliations with IFRS figures in the Appendix to this communication . Summary Highlights ( second quarter unless otherwise noted , unaudited , non - IFRS , in constant currencies ) Diluted IFRS EPS grew 118 % as reported to € 0.14 ; non - IFRS EPS rose 45 % to € 0.22 driven by robust revenue growth and high profitability Organic software revenue grew 15 % with license revenue increasing 38 % Mainstream Innovation revenue rose 27 % ; Life Sciences revenue increased 22 % ; Industrial Innovation revenue was up 8 % 3DEXPERIENCE software revenue increased 26 % , with licenses and other software revenue up sharply H1 Cash flow from operations grew 21 % to € 1,033 million ( IFRS ) Raising 2021 Non - IFRS objectives : Revenue growth of 10 % -11 % from 9 % -10 % ; EPS growth of 23 % -25 % from 17 % -18 % Five - For - One Share split effective July 7 , 2021 Bernard Charlès , Dassault Systèmes ' Vice Chairman and Chief Executive Officer commented , " As we emerge in a post - pandemic world , companies and individuals are redefining the parameters of future leadership . First , they are looking to virtualization - going beyond digitization and opening up new world of possibility for innovation of industries and the economy , as mission critical . Second , there is a significant orientation towards sustainability in innovation - for Dassault Systèmes and our clients - across all sectors of the economy . Third , inclusiveness in innovation is an essential feature of new technologies . " " Dassault Systèmes ’ Virtual Twin Experience , powered by our 3DEXPERIENCE platform , is truly a game changer for addressing these new era imperatives . By bringing together unparalleled mod - sim and Al data technologies , we empower our clients with real world evidence and experiences to imagine new solutions and foster scientific breakthroughs across all sectors of the economy . Inclusiveness is also paramount ; the cloud is a powerful environment that democratizes accessibility and mobility , enabling everyone to leverage the experience infrastructure to deliver impactful innovation . " " Sustainability has been at the core of Dassault Systèmes ' mission to harmonize product , nature and life . We began preparing for these new imperatives decades ago ; we are uniquely well positioned to help our clients deliver sustainable innovation and transformational change that will contribute to a more sustainable economy . "